Meyer-ter-Vehn, Moritz; Ohanian, Lee; Alder, Simeon - Society for Economic Dynamics - SED - 2013
We introduce a novel assignment model to understand patterns of firm growth and entrepreneurial (managerial) turnover. The economy is endowed with a measure of en- trepreneurs who are distinct in two dimensions: they vary in their skill e to operate a given technology and in their ability to...