Title of article
A note on the relation between size, ownership status and plants closure: sunk costs vs. strategic size liability
Author/Authors
Colombo، Massimo G. نويسنده , , Delmastro، Marco نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2000
Pages
-420
From page
421
To page
0
Abstract
This paper employs quarterly data from the whole of Germany to test the stability of M3 demand for money. The methodology is based on an application of the CUSUM and CUSUMSQ in the context of error-correction modeling and cointegration. The results reveal some instability in M3 money demand function.
Keywords
Closure , Sunk costs , Ownership status , Exit
Journal title
Economics Letters
Serial Year
2000
Journal title
Economics Letters
Record number
21986
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