• openAccess   Empresas granulares y desagregación regional: un análisis del caso español 

      Blanco Arroyo, Omar; Ruiz-Buforn, Alba; Vidal-Tomás, David; Alfarano, Simone Universidad de Almería (2019)
      Following the approach proposed by Gabaix (2011), this paper aims to assess the existence of granularity in the business cycle fluctuations of the following Spanish regions: the Community of Madrid, Catalonia, the Basque ...
    • openAccess   The effect of firms' size on business cycle 

      Pereira Borges, Philippe Cézar Universitat Jaume I (2015-07-16)
      In this paper I analyse the cross–correlation between the effects of firms´ size on the business cycle, a phenomenon called granularity. I follow Gabaix´s research which argues that idiosyncratic firm-level shocks can ...