منابع مشابه
Essays on Firm Dynamics and Macroeconomics
Title of Document: ESSAYS ON FIRM DYNAMICS AND MACROECONOMICS Ryan Allen Decker, Doctor of Philosophy, 2015 Directed By: Professor John C. Haltiwanger Department of Economics I describe two studies in firm dynamics and macroeconomics. Chapter 1 reports on the large decline in entrepreneurial activity that preceded and accompanied the Great Recession and proposes a model relating this decline to...
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Recent studies have shown that the dynamics of firms (growth, job reallocation and exit) are negatively correlated with the initial size of the firm and its age. In this paper we analyze whether financial factors, in addition to technological differences, are important in generating these dynamics. We introduce financial market frictions in a basic model of industry dynamics with persistent sho...
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The short run effects of financial constraints (FCs) on the expected growth rate of firms and their long-term implications on the evolution of the firm size distribution have been recently investigated by several scholars. In this paper we extend the analysis to a wider and largely unexplored range of possible FCs effects, including the autoregressive and heteroskedastic structure of the firm g...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2020
ISSN: 1556-5068
DOI: 10.2139/ssrn.3714888