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Syverson, Chad - National Bureau of Economic Research (NBER) - 2010

Economists have shown that large and persistent differences in productivity levels across businesses are ubiquitous … differ in their measured productivity levels. The causes are manifold, and differ depending on the particular setting. They …

Persistent link: https://www.econbiz.de/10008627119

Diverging Trends in Macro and Micro Volatility: Facts

Comin, Diego; Mulani, Sunil - National Bureau of Economic Research (NBER) - 2004

This paper documents the diverging trends in volatility of the growth rate of sales at the aggregate and firm level. We establish that the upward trend in micro volatility is not simply driven by a compositional bias in the sample studied. We argue that this new fact sheds some shadows on the...

Persistent link: https://www.econbiz.de/10004976946

Estimating Management Practice Complementarity between Decentralization and Performance Pay

Hong, Bryan; Kueng, Lorenz; Yang, Mu-Jeung - National Bureau of Economic Research (NBER) - 2015

persistence of firm-level productivity differences. However, thus far no conclusive population-level tests of the complementary …

Persistent link: https://www.econbiz.de/10011123618

Patent Trolls: Evidence from Targeted Firms

Cohen, Lauren; Gurun, Umit; Kominers, Scott Duke - National Bureau of Economic Research (NBER) - 2014

We provide theoretical and empirical evidence on the evolution and impact of non-practicing entities (NPEs) in the intellectual property space. Heterogeneity in innovation, given a cost of commercialization, results in NPEs that choose to act as "patent trolls" that chase operating firms'...

Persistent link: https://www.econbiz.de/10010887112

Multinational Firms and the Structure of International Trade

Antras, Pol; Yeaple, Stephen Ross - National Bureau of Economic Research (NBER) - 2013

This article reviews the state of the international trade literature on multinational firms. This literature addresses three main questions. First, why do some firms operate in more than one country while others do not? Second, what determines in which countries production facilities are...

Persistent link: https://www.econbiz.de/10010969233

Knowledge-based Hierarchies: Using Organizations to Understand the Economy

Rossi-Hansberg, Esteban; Garicano, Luis - National Bureau of Economic Research (NBER) - 2014

knowledge-based hierarchies to study issues like the evolution of wage inequality, the growth and productivity of firms …

Persistent link: https://www.econbiz.de/10010950675

Slow to Hire, Quick to Fire: Employment Dynamics with Asymmetric Responses to News

Schneider, Martin; Ilut, Cosmin; Kehrig, Matthias - National Bureau of Economic Research (NBER) - 2014

This paper studies the distribution of employment growth when firms adjust asymmetrically to dispersed but correlated signals. If hiring decisions respond more to bad news than to good news, both aggregate conditional volatility ("macro-volatility") and the cross sectional dispersion of...

Persistent link: https://www.econbiz.de/10010950903

The Morphology of Price Dispersion

Kaplan, Greg; Menzio, Guido - National Bureau of Economic Research (NBER) - 2014

This paper is a study of the shape and structure of the distribution of prices at which an identical good is sold in a given market and time period. We find that the typical price distribution is symmetric and leptokurtic, with a standard deviation between 19% and 36%. Only 10% of the variance...

Persistent link: https://www.econbiz.de/10010950974

Sources of Firm Life-Cycle Dynamics: Differentiating Size vs. Age Effects

Kueng, Lorenz; Yang, Mu-Jeung; Hong, Bryan - National Bureau of Economic Research (NBER) - 2014

What determines firm growth over the life-cycle? Exploiting unique firm panel data on internal organization, balance sheets and innovation, representative of the entire Canadian economy, we study recent theories that examine life-cycle patterns for firm growth. These theories include...

Persistent link: https://www.econbiz.de/10010951103

Acquisitions, Productivity, and Profitability: Evidence from the Japanese Cotton Spinning Industry

Braguinsky, Serguey; Ohyama, Atsushi; okazaki, tetsuji; … - National Bureau of Economic Research (NBER) - 2014

We explore how changes in ownership and managerial control affect the productivity and profitability of producers … century, we find a more nuanced picture than the straightforward "higher productivity buys lower productivity" story commonly … gains in capacity utilization that raised both their productivity and profitability levels, consistent with acquiring owner …

Persistent link: https://www.econbiz.de/10010951141