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~isPartOf:"Jena Economic Research Papers"
~person:"Beckmann, Klaus"
~person:"Coad, Alex"
~person:"Frey, Bruno S."
~person:"Oswald, Andrew J."
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The exponential age distribution and the Pareto firm size distribution
Coad, Alex
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2008
Recent work drawing on data for large and small firms has shown a Pareto distribution of firm size. We mix a Gibrat-type growth process among incumbents with an exponential distribution of firm's age, to obtain the empirical Pareto distribution.
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