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This paper contributes to the productivity literature by using results from firm-level productivity studies to improve … forecasts of macro-level productivity growth. The paper employs current research methods on estimating firm-level productivity … to build times-series components that capture the joint dynamics of the firm-level productivity and size distributions …
Persistent link: https://www.econbiz.de/10011378362
This note identifies profit shifting in response to cross-countrydifferences in corporate tax rates as a source of productivitymismeasurement. To quantify the magnitude of mismeasurement, theprofit-shifting effect is isolated from other possible effects ofcorporatetax rates changes on real...
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generation. The paper addresses the issue of value driver measurement and ranking. The research reveals that, value drivers have …
Persistent link: https://www.econbiz.de/10011326967
Measuring the dispersion of productivity or efficiency across firms in a market or industry is rife with methodological … to increase dispersion. This chapter presents a guide to measurement of dispersion and provides empirical evidence from a …
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When analysing the volatility related to high frequency financial data, mostly non-parametric approaches based on realised or bipower variation are applied. This article instead starts from a continuous time diffusion model and derives a parametric analog at high frequency for it, allowing...
Persistent link: https://www.econbiz.de/10011374428