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Firm Size Distortions and the Productivity Distribution : Evidence from France
Garicano, Luis - 2014
framework incorporates such regulations into the Lucas (1978) model and applies this to France where many labor laws start to …
Persistent link: https://www.econbiz.de/10013064453
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Covid-19 and SME Failures
Gourinchas, Pierre-Olivier; Kalemli-Ozcan, Sebnem; … - 2021
We estimate the impact of COVID-19 on business failures for small and medium sized enterprises (SMEs) using firm-level data in seventeen countries. Absent government support, the failure rate of SMEs would have increased by 9.1 percentage points, representing 4.6 percent of private sector...
Persistent link: https://www.econbiz.de/10013244116
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Contractual Tradeoffs and Smes Choice of Organizational Form, a View from U.S. And French History, 1830-2000
Lamoreaux, Naomi R. - 2014
Today the vast majority of multi-owner firms in the United States are corporations, but that was not the case in the past. Before the advent of the income tax, tort litigation, and significant federal regulation, entrepreneurs more often than not chose to organize as partnerships, a form that...
Persistent link: https://www.econbiz.de/10012752127
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Measuring and Explaining Management Practices Across Firms and Countries
Bloom, Nicholas - 2014
US, France, Germany and the UK. These measures of managerial practice are strongly associated with firm …
Persistent link: https://www.econbiz.de/10012752282
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The Evolution of Brand Preferences : Evidence from Consumer Migration
Bronnenberg, Bart J. - 2010
We study the long-run evolution of brand preferences, using new data on consumers' life histories and purchases of consumer packaged goods. Variation in where consumers have lived in the past allows us to isolate the causal effect of past experiences on current purchases, holding constant...
Persistent link: https://www.econbiz.de/10013139281
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Customer Capital
Gourio, Francois - 2011
Firms spend substantial resources on marketing and selling. Interpreting this as evidence of frictions in product …
Persistent link: https://www.econbiz.de/10013122655
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Market Selection
Kogan, Leonid - 2010
The hypothesis that financial markets punish traders who make relatively inaccurate forecasts and eventually eliminate the effect of their beliefs on prices is of fundamental importance to the standard modeling paradigm in asset pricing. We establish necessary and sufficient conditions for...
Persistent link: https://www.econbiz.de/10013151814
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Marketing Mutual Funds
Roussanov, Nikolai L. - 2018
Marketing and distribution expenses are responsible for about a third of the cost of active management in the mutual … fund industry. We develop and estimate a structural model of mutual fund marketing with learning about unobserved skill and … costly investor search. Our estimates suggest that marketing is nearly as important as performance and fees for determining …
Persistent link: https://www.econbiz.de/10012911080
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Market Penetration Costs and the New Consumers Margin in International Trade
Arkolakis, Costas - 2008
I develop a new theory of marketing costs and introduce it into a model of trade with product differentiation and firm …, Kortum and Kramarz, in particular the higher sales in France of firms that choose to export to more destinations. The model …
Persistent link: https://www.econbiz.de/10012770681
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Mortality from Nestlé's Marketing of Infant Formula in Low and Middle-Income Countries
Anttila-Hughes, Jesse - 2018
Intensive and controversial marketing of infant formula is believed to be responsible for millions of infant deaths in …
Persistent link: https://www.econbiz.de/10012922988