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growth is also a central concern to both the practice and theory of business strategy. Despite both its theoretical and … robust theory of firm growth. This paper attempts to address this gap in our empirical knowledge of firm growth using a …
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This paper provides a new benchmark for the analysis of the international diversification puzzle in a tractable new open economy macroeconomic model. Building on Cole and Obstfeld (1991) and Heathcote and Perri (2009), this model specifies an equilibrium model of perfect risk sharing in...
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