Moretto, Michele; Rossini, Gianpaolo - Fondazione ENI Enrico Mattei (FEEM) - 2005
From 1997 to 2001 we observe in the Usa a faster growth in the number of Nonemployer firms (NF) vis à vis Employer … time stochastic environment, where firms bear a sunk cost, we model entry as a growth option. On the trace of distinct …