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Dynamic tax evasion and capital misallocation in general equilibrium

Menoncin, Francesco; Modena, Andrea; Regis, Luca - 2022 - This version: 30th June 2022

Persistent link: https://www.econbiz.de/10013329311

A new look at uncertainty shocks : imperfect information and misallocation

Senga, Tatsuro - 2015

experiences a shock forcing it to start learning afresh. Firms differ in their information; more informed firms have lower … posterior variances in beliefs. An uncertainty shock is a rise in the probability that any given firm will lose its information … a prolonged recession followed by anemic recovery in response to an uncertainty shock. When confronted with a rise in …

Persistent link: https://www.econbiz.de/10011401309

Capital misallocation and aggregate factor productivity

Azariadēs, Kōstas; Kaas, Leo - In: Macroeconomic dynamics 20 (2016) 2, pp. 525-543

Persistent link: https://www.econbiz.de/10011577325

Markup Cycles, Dynamic Misallocation, and Amplification

Opp, Marcus M. - 2014

aggregate shock. The general equilibrium dispersion of markups implied by the optimization of heterogeneous industries creates …

Persistent link: https://www.econbiz.de/10013051129

Granular Uncertainty and Disastrous Misallocation

Dou, Winston - 2020

We develop a general equilibrium model in which heterogeneous entrepreneurs produce output in the presence of financing constraints. We model granular uncertainty as the shocks that affect the uncertainty in future idiosyncratic productivity without changing the cross-sectional dispersion of...

Persistent link: https://www.econbiz.de/10012841344