Firm dynamics and the macroeconomy
The thesis investigates how firm entry and exit into industry influences macroeconomic productivity. The first contribution is to show that firm entry and exit dynamics cause endogenous productivity movements over the business cycle due to the slow response of incumbent firms to macroeconomic condit...
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Cardiff University
2016
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| Online Access: | http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.685531 |