We develop and structurally estimate a model of heterogeneous multiproduct firms that can be used to decompose the firm … variation in firm sales. We show that the imperfect substitutability of products within firms, and the fact that larger firms … on prices and sales, we find that variation in firm appeal and product scope explains at least four fifths of the …

We analyze monetary policy in a New Keynesian model with heterogeneous firms and financial frictions. Firms differ in … on the time-varying distribution of firms. Although a reduction in real rates increases misallocation in partial …-productivity firms relatively more than that of low-productivity ones, crowding out the latter and increasing TFP. We provide empirical …

probabilities of German manufacturing firms in the precrisis year 2007. We introduce two main novelties: in the first place, we … a firm exits the domestic market, but also on whether it stops being internationally involved, that is, whether it stops … importing or exporting. We find that German firms in most cases suffer from higher competition introduced by foreign firms …

productivity ranges, the authors show that for manufacturing industries, inequality in the low productivity range is larger than … that in the high productivity range. For the manufacturing industries, the authors also clarify that the change of … the high productivity range in the manufacturing and non-manufacturing industries, the authors show that the inequality of …

productivity ranges, the authors show that for manufacturing industries, inequality in the low productivity range is larger than … that in the high productivity range. For the manufacturing industries, the authors also clarify that the change of … the high productivity range in the manufacturing and non-manufacturing industries, the authors show that the inequality of …

efficiency increases within exporting firms over time. While there is strong evidence for the former, the latter has received … Chilean manufacturing plants, we first show that, in line with the previous results, there is no evidence for within …

Female-run firms are less likely to be exporters although they exert positive influence in various aspects in an … economy and society. With a new and comprehensive data set on manufacturing plants, I investigate the exporter productivity … premium of female-run firms in Germany. The results show that female-run firms gain a higher exporter-productivity premium …

This paper revisits the empirical evidence about the link between firms' performance and their international status … 2001-2003) retrieving firm level data for roughly 7,000 units. Three results stand out from our empirical exercise. First …, firms that engage in the foreign production of final goods, in addition to export activities, are more productive than firms …