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During its early and formative years, the U.S. tire industry was heavily concentrated around Akron, Ohio. We test the extent to which entrants in Ohio were attracted to the Akron area by agglomeration benefits, contributing to a self-reinforcing process envisioned in many modern theories of...
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the predictability of these price formation processes. We approximate their predictability as the structural complexity of …
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financial conglomerates. We conjecture and provide evidence that the organizational complexity of the family of a bank is a … are very much determined by the structure of the organizations the banks belong to. The complexity of the conglomerate can …
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The complexity resulting from intertwined uncertainties regarding model misspecification and mismeasurement of the … of robust policy guides aiming to maintain stability in the economy while recognizing this complexity. We document …
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