Age of Firms: Irrelevance Proposition
نویسندگان
چکیده
منابع مشابه
Investigating the Exponential Age Distribution of Firms
While several plots of the aggregate age distribution suggest that firm age is exponentially distributed, we find some departures from the exponential benchmark. At the lower tail, we find that very young establishments are more numerous than expected, but they face high exit hazards. At the upper tail, the oldest firms are older than the exponential would have predicted. Furthermore, the age d...
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ژورنال
عنوان ژورنال: Modern Economy
سال: 2019
ISSN: 2152-7245,2152-7261
DOI: 10.4236/me.2019.105097