Kim, Namsuk - Census Bureau, Department of Commerce - 2005
effect of profit volatility on the firm/plant level product diversification. Section 2 profiles diversification and shows … between diversification and volatility at the firm level. Firm level diversification decreases as the aggregate, sectoral and …Studies of the volatility of the U.S. economy suggest a noticeable change in mid 1980s. There is some empirical …