examines the causes of its rise in U.S. manufacturing using data from the census bureau's enterprise statistics and other …

Most listed firms are freestanding in the U.S, while listed firms in other countries often belong to business groups … ownership structure of the United States arose: (1) Until the mid-20th century, US corporate ownership was unexceptional: large … diversified and family controlled; but the others were tightly focused and had widely held apex firms; (3) US business groups …

U.S. educational and occupational wage differentials were exceptionally high at the dawn of the twentieth century and … combined with fluctuations in the growth of relative skill supplies go far to explain the long-run evolution of U.S …

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 …

model to match the actual horizontal structure of the U.S. beef packing sector and conduct counter-factual simulations. With …