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How Firms Respond to Business Cycles : The Role of Firm Age and Firm Size

Fort, Teresa C. - 2013

There remains considerable debate in both the theoretical and empirical literature about the differences in the cyclical dynamics of firms by firm size. Some have hypothesized that small firms are more sensitive to cycles while others have posited that larger firms are more sensitive....

Persistent link: https://www.econbiz.de/10012459526

Firm-Level Investment in France and the United States : An Exploration of What We Have Learned in Twenty Years

Mairesse, Jacques - 1999

changes in modelling strategy and econometric methodology, over the past twenty years, on estimation of firm-level investment … correction, traditional between- and within-firm estimation versus GMM estimation, the investment behavior of French firms versus … significant improvement in the specification, estimation and interpretation of firm investment equations; we also fin some real …

Persistent link: https://www.econbiz.de/10012471345

Labor and Investment Demand at the Firm Level : A Comparison of French, German and U.S. Manufacturing, 1970-79

Mairesse, Jacques - 1985

We investigate how labor and investment demand at the firm level (gross as well as net and replacement investment separately) differs in French, German and U.S. manufacturing, and has changed since the 1974-75 crisis. We use three consistent panel data samples of large firms for1970-79, and rely...

Persistent link: https://www.econbiz.de/10012477531

Firm Level Investment and R&D in France and the United States : A Comparison

Mulkay, Benoit - 2000

This paper is a contribution to the small but growing literature that compares the investment and R&D behavior of manufacturing firms in large developed countries that have varying financial and capital market institutions. Specifically, we look at two similar samples of French and United States...

Persistent link: https://www.econbiz.de/10012470693

Labor Productivity : Structural Change and Cyclical Dynamics

Baily, Martin Neil - 1996

A longstanding puzzle of empirical economics is that average labor productivity declines during recessions and increases during booms. This paper provides a framework to assess the empirical importance of competing hypotheses for explaining the observed procyclicality. For each competing...

Persistent link: https://www.econbiz.de/10012473356

Machine Replacement and the Business Cycle : Lumps and Bumps

Cooper, Russell - 1995

This paper explores cyclical fluctuations in investment due to discrete changes in the plant's stock of capital. To do so, we focus on a machine replacement problem in which a producer decides whether to replace its entire existing stock of capital with new machinery and equipment. This decision...

Persistent link: https://www.econbiz.de/10012473615

Cyclical Job Ladders by Firm Size and Firm Wage

Haltiwanger, John - 2017

We study whether workers progress up firm wage and size job ladders, and the cyclicality of this movement. Search theory predicts that workers should flow towards larger, higher paying firms. However, we see little evidence of a firm size ladder, partly because small, young firms poach workers...

Persistent link: https://www.econbiz.de/10012455196

Reallocation in the Great Recession : Cleansing or Not?

Foster, Lucia - 2014

The high pace of reallocation across producers is pervasive in the U.S. economy. Evidence shows this high pace of reallocation is closely linked to productivity. While these patterns hold on average, the extent to which the reallocation dynamics in recessions are "cleansing" is an open question....

Persistent link: https://www.econbiz.de/10012458240