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High-Growth Enterprises (HGEs) have a large economic impact, but are notoriously hard to predict. Previous research has linked high-growth episodes to the configuration of lumpy indivisible resources inside firms, such that high capacity utilisation levels might stimulate future growth. We...
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profitability are both strictly below their efficient values; (iv) with a Kaldor/Pasinetti closure, the equilibrium labor share is …
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