Similar Search Results

Firm-level entry and exit over the Danish business cycle

Andersen, Svend Greniman; Rozsypal, Filip - 2018

deteriorating productivity and rising exit rates. We find supportive evidence for other US-based stylized facts, such as young firms …

Persistent link: https://www.econbiz.de/10012059478

Zooming in on Monetary Policy - The Labor Share and Production Dynamics of Two Million Firms

Fritsche, Jan Philipp; Steininger, Lea - 2021

Conditional on a contractionary monetary policy shock, the labor share of value added is expected to decrease in the … projections and high dimensional fixed effects, we show that a one standard deviation contractionary monetary policy shock …

Persistent link: https://www.econbiz.de/10013215164

Zooming in on Monetary Policy - The Labor Share and Production Dynamics of Two Million Firms

Fritsche, Jan Philipp; Steininger, Lea - 2021

Persistent link: https://www.econbiz.de/10013216670

News shocks : different effects in boom and recession?

Bolboaca, Maria; Fischer, Sarah - 2019 - This version: February, 2019

This paper investigates the nonlinearity in the effects of news shocks about technological innovations. In a maximally flexible logistic smooth transition vector autoregressive model, state-dependent effects of news shocks are identified based on medium-run restrictions. We propose a novel...

Persistent link: https://www.econbiz.de/10011967392

Switching volatility in a nonlinear open economy

Benchimol, Jonathan; Ivashchenko, Sergey - In: Journal of international money and finance 110 (2021), pp. 1-31

Persistent link: https://www.econbiz.de/10012795525

Entry, Exit and Plant-Level Dynamics over the Business Cycle

Lee, Yoonsoo - 2009

of entry and exit of U.S. manufacturing plants, in terms of employment and productivity, between 1972 and 1997. We show … compare its predictions to the data. In our model, plants enter and exit endogenously, and the size and productivity of …

Persistent link: https://www.econbiz.de/10012720467

Granular Origin of Comovement in Fluctuations

Chakrabati, Anindya S.; Tomar, Shekhar - 2021

We study the origin of comovement in economic fluctuations across regions in India through a unique administrative dataset on plant-level sales. Regional sales exhibit a high level of comovement that can be traced to a small number of large plants located in different regions, indicating a...

Persistent link: https://www.econbiz.de/10013212540

Leverage over the firm life cycle, firm growth, and aggregate fluctuations

Dinlersoz, Emin Murat; Kalemli-Ozcan, Sebnem; Hyatt, … - 2019

We study the leverage of U.S. firms over their life cycles and the connection between firm leverage, firm growth, and aggregate shocks. We construct a new dataset that combines private and public firms’ balance sheets with firm-level data from U.S. Census Bureau’s Longitudinal Business...

Persistent link: https://www.econbiz.de/10012063843

Endogenous Growth, Monetary Shocks and Nominal Rigidities

Annicchiarico, Barbara; Pelloni, Alessandra; Rossi, Lorenza - 2010

: (i) monetary volatility negatively affects long-run growth; (ii) the relation between nominal volatility and growth … increases the negative effect of nominal volatility on mean growth. …

Persistent link: https://www.econbiz.de/10010343890

When Did Firms Become More Different? Time-Varying Firm-Specific Volatility in Japan

de Veirman, Emmanuel - 2012

We document how firm-specific volatility in sales, earnings and employment growth evolved year by year in Japan. Our … volatility measure also indicates the evolution of firm turnover. We find that patterns in firm-specific volatility have changed …. Firm volatility tended to decline during the recovery after 2002. We assess whether the rise in firm turnover and deep …

Persistent link: https://www.econbiz.de/10013099445