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The urban structures between the Member States of the European Union is very different for historical, geographical, economic reasons. However, the population is spread across geographic areas in a way that, although continuously changing, is not possible to define as random. Indeed, countries...
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Analyzing a comprehensive database of limited liability manufacturing firms this paper investigates the relation between a firm’s financial situation and its conditional expected growth rate. Specifically, using quantile regressions, we obtain a quantitative characterization of this relation...
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The upper tail of the firm size distribution is often assumed to follow a Power Law. Several recent papers, using different estimators and different data sets, conclude that the Zipf Law, in particular, provides a good fit, implying that the fraction of firms with size above a given value is...
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