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Persistent link: https://www.econbiz.de/10000935025
We develop a model for decomposing the covariance structure of panel data on firms into a part due to permanent heterogeneity, a part due to differential histories with unknown ages, and a part due to the evolution of economic shocks to the firm. Our model allows for the endogenous death of...
Persistent link: https://www.econbiz.de/10013221330
We develop a model for decomposing the covariance structure of panel data on firms into a part due to permanent heterogeneity, a part due to differential histories with unknown ages, and a part due to the evolution of economic shocks to the firm. Our model allows for the endogenous death of...
Persistent link: https://www.econbiz.de/10012473786
Persistent link: https://www.econbiz.de/10005995252
Persistent link: https://www.econbiz.de/10005999555
We develop a model for decomposing the covariance structure of panel data on firms into a part due to permanent heterogeneity, a part due to differential histories with unknown ages, and a part due to the evolution of economic shocks to the firm. Our model allows for the endogenous death of...
Persistent link: https://www.econbiz.de/10005725314