We find that interest rate variance risk premium (IRVRP) - the difference between implied and realized variances of …

While Gibrat's Law assumes that growth rate variance is independent of size, empirical work has usually found a … negative relationship between growth rate variance and firm growth. Using data on French manufacturing firms, we observe a … relatively low, but statistically significant, negative relationship between firm size and growth rate variance. Furthermore, we …

While Gibrat's Law assumes that growth rate variance is independent of size, empirical work has usually found a … negative relationship between growth rate variance and ï¬rm growth. Using data on French manufacturing ï¬rms, we observe a … relatively low, but statistically signiï¬cant, negative relationship between ï¬rm size and growth rate variance. Furthermore, we …