Scharfenaker, Ellis - Department of Economics, New School for Social Research - 2015
The distribution of prot rates in the U.S. economy for 21,714 rms from 1962 - 2012 appears to be highly organized in a Laplace-like distribution. Pos- itive prot rate deviations from the mode appear to be remarkably stationary over time displaying little parametric changes while negative prot...