of incumbent firm-exit. The calibrated model quantitatively predicts firm exit, growth, and the resulting firm size …

of their technology. We contrast investment and exit decisions and their consequences for aggregate output, profits and … conditions. We also characterize exit rates by age, size and productivity. The theoretical model generates predictions that are … broadly consistent with empirical findings: downturns in demand lead to higher exit of inefficient firms and hence increased …

How important are firm entry and exit in shaping aggregate dynamics? We address this question by characterizing the … capital and aggregate fluctuations. We find that entry and exit propagate the effects of aggregate shocks. In turn, this … progressively more productive, keeping aggregate efficiency higher than in a scenario without entry or exit. We also find that both …

probability of exit by merger and closedown compared to no change. If trade is intra-industry in character the effect of import …This paper investigates the effects of international trade on firms' exit decision in Sweden, where exit can be by … penetration on the probability of exit mitigates. The probability of exit by switching industry is higher in industries …

This paper investigates the effects of mergers, entry, and exit in retail markets when input prices are negotiated …

This paper studies the behaviour of firm entry and exit in response to macroeconomic shocks. We formulate a dynamic …, demand, monetary and entry cost shocks. The variables entering the VAR are output, inflation, the nominal interest rate …, profits and firm entry. The response of firm entry to the various shocks is freely estimated. Our main finding is that entry …

This paper studies the behaviour of firm entry and exit in response to macroeconomic shocks. We formulate a dynamic …, demand, monetary and entry cost shocks. The variables entering the VAR are output, inflation, the nominal interest rate …, profits and firm entry. The response of firm entry to the various shocks is freely estimated. Our main finding is that entry …