This paper is concerned with testing the time series implications of the capital asset pricing model (CAPM) due to … evidence against Sharpe-Lintner CAPM is found mainly during the recent financial crisis. Furthermore, a strong negative …

cycle of managers. We calibrate this model to U.S plant-size data to quantify the effects of distortions that are correlated … with the size of production units. These distortions lead to sharp reductions in plant productivity and the fraction of … quite well for properties of Japanese size-distribution data, with a model-implied TFP of about 83% of the U.S. Distortions …

that the frequency of episodes of zero net employment changes is inversely related to plant size. We develop and estimate a … econometric evidence supports the existence of purely fixed components, unrelated to plant size. As a result, the range of …

size, GDP per capita, and GDP per hour worked. We also show that the impact of public employment on skill premiums and …

How and why does the firm size distribution differ across countries? Using two datasets covering more than 30 countries …, this paper documents that several features of the firm size distribution are strongly associated with income per capita … employment, the median and higher percentiles of the firm size distribution, and the dispersion and skewness of employment all …

managers in predominantly female occupations are moderated by firm size. Drawing on economic and organizational approaches and …