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 …

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 …

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 …

heterogeneous firms and financial frictions. In the model, firms with a high return to capital increase their investment more … stability is the optimal timeless response to demand, financial or TFP shocks. Finally, we present firm-level evidence …

emissions across firms, on the green transition. Using the 2000-2019 firm-level register data on greenhouse gas emissions …-productivity growth and assess the relative contributions of structural change and firm dynamics. We find that continuing firms were the …This paper investigates the importance of firm dynamics, including entry and exit and the allocation of carbon …

manufacturing sector of six European countries (2000-12), differentiating between SMEs and large firms, and by identifying the …. The impact of the crisis on this process has been uneven across the countries and the sizes of the firms. …

roughly 75% of the total turnover of the west German manufacturing sector. The sample used for estimation contains 6,745 firms …The impact of uncertainty on firms' investment outlays is subject to an ongoing debate. Theory identifies several … investment likely. On the other hand, the ability of firms to adapt after uncertainty is resolved can make a risky strategy more …

We analyze the spatial determinants of female entrepreneurship in India in the manufacturing and services sectors. We …

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 …