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  1. Business dynamism, sectoral reallocation and productivity in a pandemic
    Erschienen: [2021]
    Verlag:  De Nederlandsche Bank NV, Amsterdam, The Netherlands

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    Schriftenreihe: Working paper / De Nederlandsche Bank NV ; no. 725 (September 2021)
    Schlagworte: Covid-19; Productivity; Entry; Reallocation
    Umfang: 1 Online-Ressource (circa 76 Seiten), Illustrationen
  2. Unemployment, firm dynamics, and the business cycle
    Erschienen: [2020]
    Verlag:  De Nederlandsche Bank NV, Amsterdam, the Netherlands

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    Schriftenreihe: Working paper / De Nederlandsche Bank NV ; no. 695 (October 2020)
    Umfang: 1 Online-Ressource (circa 55 Seiten), Illustrationen
  3. Unemployment, firm dynamics, and the business cycle
    Erschienen: [2020]
    Verlag:  School of Economics and Finance, Queen Mary University of London, London

    We formulate and estimate a business cycle model which can account for key business cycle properties of labor market variables and other aggregates. Three features distinguish our model from the standard model with Search And Matching (SAM) frictions... mehr

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    We formulate and estimate a business cycle model which can account for key business cycle properties of labor market variables and other aggregates. Three features distinguish our model from the standard model with Search And Matching (SAM) frictions in the labor market: frictional firm entry, endogenous product variety, and investment in two assets: stocks and physical capital. Our model with firm dynamics displays an endogenous form of wage moderation. Thanks to the latter, it outperforms the SAM framework augmented with exogenous real wage rigidities.

     

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    Weitere Identifier:
    hdl: 10419/247184
    Schriftenreihe: Working paper / School of Economics and Finance, Queen Mary University of London ; no. 915 (October 2020)
    Umfang: 1 Online-Ressource (circa 52 Seiten), Illustrationen
  4. Business dynamism, sectoral reallocation and productivity in a pandemic
    Erschienen: [2021]
    Verlag:  Departimento di economia, metodi quantitativi e strategia di impresa, Università degli studi Milano-Bicocca, [Mailand]

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    Schriftenreihe: CefES paper series ; no. 482 (September 2021)
    Schlagworte: Covid-19; Productivity; Entry; Reallocation
    Umfang: 1 Online-Ressource (circa 74 Seiten), Illustrationen
  5. Competition and inequality
    Erschienen: [2020]
    Verlag:  De Nederlandsche Bank NV, Amsterdam, the Netherlands

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    Schriftenreihe: Working paper / De Nederlandsche Bank NV ; no. 689 (June 2020)
    Umfang: 1 Online-Ressource (circa 49 Seiten), Illustrationen
  6. The impact of climate change and policies on productivity
    A report of the ESCB Expert Group on productivity, innovation and technological changes

    The impact of climate change on European Union (EU) countries and regions is poised to exhibit considerable diversity, influenced by factors encompassing average temperature, sectoral composition, developmental stages, and adaptation endeavours. The... mehr

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    Staatsbibliothek zu Berlin - Preußischer Kulturbesitz, Haus Unter den Linden
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    The impact of climate change on European Union (EU) countries and regions is poised to exhibit considerable diversity, influenced by factors encompassing average temperature, sectoral composition, developmental stages, and adaptation endeavours. The transition towards a more climate-friendly economy demands a well-orchestrated approach to mitigate enduring productivity costs. This shift will have varied implications for businesses, contingent upon their scale, access to financial resources, and capacity for innovation. The formulation of transition policies holds the potential to foster green innovation without displacing other initiatives, yet stringent climate regulations might impede the productivity ascent of pollutantemitting enterprises. It will thus take time to reap the benefits of innovation. The efficacy of the policy mix is of critical importance in determining the trajectory of success. Market-driven mechanisms exhibit milder distortions compared to nonmarket-based strategies, though they may not inherently stimulate innovation. Significantly, subsidies earmarked for green research and development (R&D) emerge as a pivotal instrument for fostering innovation, thus constituting a vital component of the policy repertoire during the green transition. The implementation of transition policies will inevitably trigger a substantial reallocation of resources among and within sectors, potentially carrying short-term adverse ramifications. Notably, considerable productivity disparities exist between top and bottom emitters within specific industries. The transition period poses a risk to a substantial proportion of firms and can erode employment opportunities, with a likely decline in new ventures within affected sectors.

     

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    Quelle: Staatsbibliothek zu Berlin
    Beteiligt: Bijnens, Gert (HerausgeberIn)
    Sprache: Englisch
    Medientyp: Ebook
    Format: Online
    ISBN: 9789289964081
    Weitere Identifier:
    Schriftenreihe: Occasional paper series / European Central Bank ; No 340
    Schlagworte: climate change impact; productivity; transition risk; climate transitionpolicies; physical risk; green innovation; economic reallocation
    Umfang: 1 Online-Ressource (circa 73 Seiten), Illustrationen
  7. The impact of the COVID-19 pandemic and policy support on productivity
    a report of the ESCB Expert Group on productivity, innovation and technological change

    This paper studies the short-term and long-term consequences of the COVID-19 pandemic for productivity in Europe. Aggregate and sectoral evidence is complemented by firm-level data-based findings obtained from a large microdistributed exercise.... mehr

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    This paper studies the short-term and long-term consequences of the COVID-19 pandemic for productivity in Europe. Aggregate and sectoral evidence is complemented by firm-level data-based findings obtained from a large microdistributed exercise. Productivity trends during the COVID-19 pandemic differed from past trends. Labour productivity per hour worked temporarily increased, while productivity per employee declined across sectors given the widespread use of job retention schemes. The extensive margin of productivity growth was muted to some degree by the policy support granted to firms. Firm entries declined while firm exits increased much less than during previous crises. The pandemic had a significant impact on the intensive margin of productivity growth and led to a temporary drop in within-firm productivity per employee and increased reallocation. Job reallocation was productivity-enhancing but subdued compared to the Great Recession. As confirmed by a granular data analysis of the distribution of employment subsidies and loan guarantees and moratoria, job reallocation and also debt distribution and "zombie firm" prevalence were not significantly affected by the COVID-19 policy support. The pandemic and related lockdowns accelerated changes in consumer preferences and working habits with potential long-term effects. Generous government support muted the surge in unemployment and reduced permanent scarring effects.

     

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    Quelle: Staatsbibliothek zu Berlin
    Beteiligt: Lalinsky, Tibor (HerausgeberIn)
    Sprache: Englisch
    Medientyp: Ebook
    Format: Online
    ISBN: 9789289964098
    Weitere Identifier:
    Schriftenreihe: Occasional paper series / European Central Bank ; No 341
    Schlagworte: labour productivity; productivity-enhancing reallocation; COVID-19,adjustment of firms; government support; cross-country analysis; micro-distributedexercise; Europe
    Umfang: 1 Online-Ressource (circa 105 Seiten), Illustrationen
  8. Corporate taxes, productivity, and business dynamism
    Erschienen: 22 February 2024
    Verlag:  Centre for Economic Policy Research, London

    We identify the effects of corporate income tax shocks on key US macroeconomic aggregates. In response to a corporate income tax cut, we find that: (i) labor productivity increases; (ii) entry increases with delay; (iii) exit increases; (iv) total... mehr

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    Universität Potsdam, Universitätsbibliothek
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    We identify the effects of corporate income tax shocks on key US macroeconomic aggregates. In response to a corporate income tax cut, we find that: (i) labor productivity increases; (ii) entry increases with delay; (iii) exit increases; (iv) total labor increases by more than production labor. To rationalize these empirical findings, we build a New Keynesian model with idiosyncratic firm productivity, and entry and exit. Our model features productivity gains due to selection and cleansing along the entry and exit margins. Models with homogeneous firms fail to account for the selection and cleansing process and produce counterfactual results.

     

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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: Array ; DP18854
    Schlagworte: Corporate taxation; Productivity; Firm entry and exit
    Umfang: 1 Online-Ressource (circa 60 Seiten), Illustrationen
  9. Who creates and destroys jobs over the business cycle?
    Erschienen: [2019]
    Verlag:  De Nederlandsche Bank NV, Amsterdam, the Netherlands

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    Format: Online
    Schriftenreihe: Working paper / De Nederlandsche Bank NV ; no. 628 (March 2019)
    Schlagworte: Job Creation; Job Destruction; Business Cycle; Small Firms; Large Firms; Young Firms; Mature Firms
    Umfang: 1 Online-Ressource (circa 56 Seiten), Illustrationen
  10. Competition and inequality
    Erschienen: [2020]
    Verlag:  Department of Economics, University of Oxford, Oxford

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    Schriftenreihe: Department of Economics discussion paper series / University of Oxford ; number 914 (July 2020)
    Umfang: 1 Online-Ressource (circa 45 Seiten), Illustrationen
  11. Corporate taxes, productivity, and business dynamism
    Erschienen: [2023]
    Verlag:  De Nederlandsche Bank NV, Amsterdam, The Netherlands

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    Format: Online
    Schriftenreihe: DNB working paper ; no. 780 (June 2023)
    Schlagworte: corporate taxation; productivity; firm entry and exit
    Umfang: 1 Online-Ressource (circa 59 Seiten), Illustrationen
  12. Corporate taxes, productivity, and business dynamism
    Erschienen: 22 February 2024
    Verlag:  Centre for Economic Policy Research, London

    We identify the effects of corporate income tax shocks on key US macroeconomic aggregates. In response to a corporate income tax cut, we find that: (i) labor productivity increases; (ii) entry increases with delay; (iii) exit increases; (iv) total... mehr

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    Verlag (Deutschlandweit zugänglich)
    Staats- und Universitätsbibliothek Bremen
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    LZ 161
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    Bibliotheks-und Informationssystem der Carl von Ossietzky Universität Oldenburg (BIS)
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    Universität Potsdam, Universitätsbibliothek
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    We identify the effects of corporate income tax shocks on key US macroeconomic aggregates. In response to a corporate income tax cut, we find that: (i) labor productivity increases; (ii) entry increases with delay; (iii) exit increases; (iv) total labor increases by more than production labor. To rationalize these empirical findings, we build a New Keynesian model with idiosyncratic firm productivity, and entry and exit. Our model features productivity gains due to selection and cleansing along the entry and exit margins. Models with homogeneous firms fail to account for the selection and cleansing process and produce counterfactual results.

     

    Export in Literaturverwaltung   RIS-Format
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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: Array ; DP18854
    Schlagworte: Corporate taxation; Productivity; Firm entry and exit
    Umfang: 1 Online-Ressource (circa 60 Seiten), Illustrationen
  13. The impact of climate change and policies on productivity
    A report of the ESCB Expert Group on productivity, innovation and technological changes

    The impact of climate change on European Union (EU) countries and regions is poised to exhibit considerable diversity, influenced by factors encompassing average temperature, sectoral composition, developmental stages, and adaptation endeavours. The... mehr

    Zugang:
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)
    Staatsbibliothek zu Berlin - Preußischer Kulturbesitz, Haus Potsdamer Straße
    keine Fernleihe
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 535
    keine Fernleihe

     

    The impact of climate change on European Union (EU) countries and regions is poised to exhibit considerable diversity, influenced by factors encompassing average temperature, sectoral composition, developmental stages, and adaptation endeavours. The transition towards a more climate-friendly economy demands a well-orchestrated approach to mitigate enduring productivity costs. This shift will have varied implications for businesses, contingent upon their scale, access to financial resources, and capacity for innovation. The formulation of transition policies holds the potential to foster green innovation without displacing other initiatives, yet stringent climate regulations might impede the productivity ascent of pollutantemitting enterprises. It will thus take time to reap the benefits of innovation. The efficacy of the policy mix is of critical importance in determining the trajectory of success. Market-driven mechanisms exhibit milder distortions compared to nonmarket-based strategies, though they may not inherently stimulate innovation. Significantly, subsidies earmarked for green research and development (R&D) emerge as a pivotal instrument for fostering innovation, thus constituting a vital component of the policy repertoire during the green transition. The implementation of transition policies will inevitably trigger a substantial reallocation of resources among and within sectors, potentially carrying short-term adverse ramifications. Notably, considerable productivity disparities exist between top and bottom emitters within specific industries. The transition period poses a risk to a substantial proportion of firms and can erode employment opportunities, with a likely decline in new ventures within affected sectors.

     

    Export in Literaturverwaltung   RIS-Format
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    Quelle: Staatsbibliothek zu Berlin
    Beteiligt: Bijnens, Gert (HerausgeberIn)
    Sprache: Englisch
    Medientyp: Ebook
    Format: Online
    ISBN: 9789289964081
    Weitere Identifier:
    Schriftenreihe: Occasional paper series / European Central Bank ; No 340
    Schlagworte: climate change impact; productivity; transition risk; climate transitionpolicies; physical risk; green innovation; economic reallocation
    Umfang: 1 Online-Ressource (circa 73 Seiten), Illustrationen
  14. The impact of the COVID-19 pandemic and policy support on productivity
    a report of the ESCB Expert Group on productivity, innovation and technological change

    This paper studies the short-term and long-term consequences of the COVID-19 pandemic for productivity in Europe. Aggregate and sectoral evidence is complemented by firm-level data-based findings obtained from a large microdistributed exercise.... mehr

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 535
    keine Fernleihe

     

    This paper studies the short-term and long-term consequences of the COVID-19 pandemic for productivity in Europe. Aggregate and sectoral evidence is complemented by firm-level data-based findings obtained from a large microdistributed exercise. Productivity trends during the COVID-19 pandemic differed from past trends. Labour productivity per hour worked temporarily increased, while productivity per employee declined across sectors given the widespread use of job retention schemes. The extensive margin of productivity growth was muted to some degree by the policy support granted to firms. Firm entries declined while firm exits increased much less than during previous crises. The pandemic had a significant impact on the intensive margin of productivity growth and led to a temporary drop in within-firm productivity per employee and increased reallocation. Job reallocation was productivity-enhancing but subdued compared to the Great Recession. As confirmed by a granular data analysis of the distribution of employment subsidies and loan guarantees and moratoria, job reallocation and also debt distribution and "zombie firm" prevalence were not significantly affected by the COVID-19 policy support. The pandemic and related lockdowns accelerated changes in consumer preferences and working habits with potential long-term effects. Generous government support muted the surge in unemployment and reduced permanent scarring effects.

     

    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Staatsbibliothek zu Berlin
    Beteiligt: Lalinsky, Tibor (HerausgeberIn)
    Sprache: Englisch
    Medientyp: Ebook
    Format: Online
    ISBN: 9789289964098
    Weitere Identifier:
    Schriftenreihe: Occasional paper series / European Central Bank ; No 341
    Schlagworte: labour productivity; productivity-enhancing reallocation; COVID-19,adjustment of firms; government support; cross-country analysis; micro-distributedexercise; Europe
    Umfang: 1 Online-Ressource (circa 105 Seiten), Illustrationen
  15. Central bank policies and income and wealth inequality: a survey
    Erschienen: [2018]
    Verlag:  De Nederlandsche Bank NV, Amsterdam, the Netherlands

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    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: Working paper / De Nederlandsche Bank NV ; no. 594 (May 2018)
    Schlagworte: income inequality; wealth inequality; monetary policy; macro-prudential policy
    Umfang: 1 Online-Ressource (circa 38 Seiten), Illustrationen
  16. Firm entry, endogenous markups and the dynamics of the labor share of income
    Erschienen: 2013
    Verlag:  DNB, Amsterdam

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    Sprache: Englisch
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    Format: Druck
    Schriftenreihe: DNB working paper ; 367
    Schlagworte: Produktivität; Schock; Beschäftigungseffekt; Arbeitsmarkt; Marktstruktur; Matching; Nash-Gleichgewicht; Suchtheorie; Diamond-Mortensen-Pissarides model
    Umfang: 25 S., graph. Darst.
  17. Limited asset market participation
    does it really matter for monetary policy?
    Erschienen: 2011
    Verlag:  Bank of Finland, Helsinki

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    Niedersächsische Staats- und Universitätsbibliothek Göttingen
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    Sprache: Englisch
    Medientyp: Ebook
    Format: Online
    ISBN: 9789524627689
    Weitere Identifier:
    hdl: 10419/212194
    Schriftenreihe: Bank of Finland research discussion papers ; 2011,15
    Schlagworte: Geldpolitik; Regelbindung versus Diskretion; Lohnrigidität; Ricardianische Äquivalenz; Neoklassische Synthese; Theorie
    Umfang: Online-Ressource (59 S., 1.33 MB)
  18. Endogenous market structures and labour market dynamics
    Erschienen: 2011
    Verlag:  Bank of Finland, Helsinki

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    Format: Online
    Weitere Identifier:
    hdl: 10419/212191
    Schriftenreihe: Bank of Finland research discussion papers ; 2011,12
    Schlagworte: Markteintritt; Duopol; Arbeitsmarkt; Dynamisches Gleichgewicht; Matching; Theorie
    Umfang: Online-Ressource (51 S., 1.04 MB)
  19. Determinacy analysis in high order dynamic systems
    the case of nominal rigidities and limited asset market participation
    Erschienen: [2016]
    Verlag:  De Nederlandsche Bank NV, Amsterdam, the Netherlands

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    Schriftenreihe: Working paper / De Nederlandsche Bank NV ; no. 511
    Umfang: 19 Seiten, Illustrationen
  20. Reallocation, productivity, and monetary policy in an energy crisis
    Erschienen: [2024]
    Verlag:  De Nederlandsche Bank NV, Amsterdam, The Netherlands

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    Format: Online
    Schriftenreihe: DNB working paper ; no. 811 (April 2024)
    Schlagworte: Energy; productivity; firm entry and exit; monetary policy
    Umfang: 1 Online-Ressource (circa 51 Seiten), Illustrationen
  21. Corporate taxes, productivity, and business dynamism
    Erschienen: [2023]
    Verlag:  Deutsche Bundesbank, Frankfurt am Main

    We identify the effects of corporate income tax shocks on key US macroeconomic aggregates. In response to a corporate income tax cut, we find that: (i) labor productivity increases; (ii) entry increases with delay; (iii) exit increases; (iv) total... mehr

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    Leibniz-Institut für Wirtschaftsforschung Halle, Bibliothek
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    We identify the effects of corporate income tax shocks on key US macroeconomic aggregates. In response to a corporate income tax cut, we find that: (i) labor productivity increases; (ii) entry increases with delay; (iii) exit increases; (iv) total labor increases by more than production labor. To rationalize these empirical findings, we build a New Keynesian model with idiosyncratic firm productivity, and entry and exit. Our model features productivity gains due to selection and cleansing along the entry and exit margins. Models with homogeneous firms fail to account for the selection and cleansing process and produce counterfactual results.

     

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    Sprache: Englisch
    Medientyp: Ebook
    Format: Online
    ISBN: 9783957299475
    Weitere Identifier:
    hdl: 10419/273728
    Schriftenreihe: Discussion paper / Deutsche Bundesbank ; no 2023, 16
    Schlagworte: corporate taxation; productivity; firm entry and exit
    Umfang: 1 Online-Ressource (circa 60 Seiten), Illustrationen
  22. The role of financial intermediaries in monetary policy transmission
    Erschienen: 2014
    Verlag:  DNB, Amsterdam

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    Schriftenreihe: DNB working paper ; 420
    Umfang: 19 S.
  23. Technology adoption, job matching frictions and business creation
    Erschienen: [2012]
    Verlag:  Department of Economics, Ca’ Foscari University of Venice, Venice Italy

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    Format: Online
    Auflage/Ausgabe: This draft: October 2012
    Schriftenreihe: Working paper / Ca' Foscari University of Venice, Department of Economics ; 2012, no. 30
    Umfang: 1 Online-Ressource (circa 35 Seiten), Illustrationen
  24. Firms entry, oligopolistic competition and labor market dynamics
    Erschienen: 2015
    Verlag:  DNB, Amsterdam

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    Medientyp: Buch (Monographie)
    Format: Druck
    Schriftenreihe: DNB working paper ; 465
    Umfang: 27 S., graph. Darst.
  25. Monetary policy, productivity, and market concentration
    Erschienen: [2020]
    Verlag:  De Nederlandsche Bank NV, Amsterdam, the Netherlands

    Zugang:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    VS 604
    keine Fernleihe
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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: Working paper / De Nederlandsche Bank NV ; no. 685 (May 2020)
    Umfang: 1 Online-Ressource (circa 26 Seiten), Illustrationen