firm dynamics
Investment and firm dynamics
... and firm dynamics arising from persistent idiosyn- cratic shocks to firms’ production technology or from learning about the ...the firm dynamics on size and ...the firm dynamics ...
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Exchange rate exposure and firm dynamics
... a firm-dynamics model, in which heterogenous firms jointly choose the currency composition of their debt and their ...detailed firm-level census data on firms’ balance sheets and debt by currency ...
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Worker Flows and Firm Dynamics in a Labour Market Model
... The assumption of convex vacancy cost deserves comment. It is shared with Bertola and Caballero (1994); Bertola and Garibaldi (2001); Garibaldi (2006); and Garibaldi and Moen (2008). This is a critical assumption for our ...
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Firm dynamics in an global and uncertain economy
... A tangential benefit of our approach of using foreign demand shocks is to allow us to mea- sure the effect of the transmission of uncertainty abroad on the growth of domestic firms. Our study contributes to the debate of ...
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Firm dynamics and job creation in the UK
... Employment Dynamics data: survival and longevity, II,” Monthly Labor Review, September, ...Structural Dynamics of Startups, Young Firms, and Job Creation” Kauffman Foundation Research Series: Firm ...
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Three Essays on Firm Dynamics and Development
... I start the analysis with a thought experiment of firm dynamics and catch-up. I simulate an emerging economy that initially stays in a steady state with lower tech- nology level, and then, starts to catch ...
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Investment and firm dynamics
... and firm dynamics aris- ing from persistent idiosyncratic shocks to firms’ production technol- ogy or from learning about the ...the firm dynam- ics on size and ...the firm dynamics are ...
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ITQs, Firm Dynamics and Wealth Distribution: Does full tradability increase inequality?
... The Kolmogorov-Fokker-Planck equation is widely used to describe population dynamics in ecology, biology, and finance, among other sciences. It has been used in economics by Merton (1975) in neoclassical growth ...
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Essays on Finance of Innovation, Firm Dynamics and Economic Growth
... extend this hybrid framework in two dimensions. First, we model business plan hetero- geneity and scarcity by introducing a financial intermediary with a portfolio of business plans that can generate either a drastic or ...
209
Firm dynamics and job creation in the United Kingdom:1998–2013
... We have found in our research on employer-only businesses that the majority of jobs in the UK are created by small firms (notably micro-enterprises) and that these new small firms also exhibit the greatest rates of ...
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Asymmetric industry structures: Multiple technologies, firm dynamics and profitability
... A second theme that occurs in Chapters 2 and 3 is the effect of market growth on market structure, in particular with respect to firm asymmetries. Many theoretical models predict a negative relationship between ...
208
Firm Dynamics in News Driven Business Cycle: The Role of Endogenous Survival Rate
... The dynamics of TFP here share similar patterns to those found in Beaudry and Lucke ...the dynamics of output and stock price, as in Beaudry and Lucke (2010), highly co-move with the news shock about future ...
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Institutional legacies and firm dynamics: the internationalisation of British and German law firms
... A strategy of network internationalisation for law firms has strong continuity with the past. A central appeal of the ‘network’ model for law firms is that it avoids partners giving up the autonomy that traditionally ...
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Policy Effects of International Taxation on Firm Dynamics and Capital Structure
... I develop and calibrate an industry equilibrium model with heterogeneous multi- national firms to study the impact of a potential policy change from the current U.S. worldwide taxation system to a territorial system on ...
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Financing constraints and firm dynamics
... by firm and year specific effects, captured by A i and ...from firm averages that are independent on A i, while the exclusion of et does not affect the results in any relevant ...
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Firm and Industrial Dynamics Over the Business Cycles
... a firm dynamics model with business cycle features to explain this empirical finding both qualitatively and ...of firm-level profitability, is larger in ...which firm sizes are endogenously ...
162
Pay, Employment, and Dynamics of Young Firms
... and firm selection, we follow a theory-guided empirical ...and firm pay heterogeneity separately from the firm age-pay ...and firm characteristics, we find a positive and signifi- cant ...
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The Determinants of Indebtedness in Unlisted Manufacturing Firms in India: A Panel Data Analysis
... pledging firm in so far as the assets use and liquidity is concerned (Stultz and Johnson, 1985), and may result in moral hazard problems with regard to the borrower’s use of the pledged asset (Igawa and Kantas, ...
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Cyclicality and Firm-size in Private Firm Defaults
... only firm-specific ...in firm-specific de- fault risk not related to ...the firm-specific ...several firm-specific ...of firm-specific variables is an important alternative way of ...
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How theory can inform strategic management education and learning
... However, it is arguable that structural barriers to competition have declined, and are continuing to decline, because of globalisation and disruptive innovation arising from technological improvement, notably the role of ...
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