Economic forecasting and small and medium-sized enterprises (SMEs) growth prediction have become essential tools for guiding policy, business strategy, and economic development in an increasingly data-driven world. This paper reviews recent advancements in economic regression and SME growth...

This paper investigates how worker beliefs and job prospects impact the wages and growth of young firms, as well as the aggregate economy. Building a heterogeneous-firm directed search model where workers gradually learn about firm types, I find that learning generates endogenous wage...

"Because skilled workers entail higher hiring and firing expenses, firms tend to retain skilled workers in the face of the high labor adjustment costs (LACs). The retention of skilled workers imposes inflexibility on business operations and exposes firms to cash flow shocks. Firms with high LACs...

This paper investigates the role of family firms in the fall of the labor share and rise in corporate saving in Germany from 1993 to 2019. Combining a new Family Ownership and Governance (FOG) database with financial data, we analyze 929 publicly listed firms. Our findings show that firm-level...