• 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