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dc.contributor.authorBlanco Arroyo, Omar
dc.contributor.authorRuiz-Buforn, Alba
dc.contributor.authorVidal Tomás, David
dc.contributor.authorAlfarano, Simone
dc.date.accessioned2018-11-27T11:29:05Z
dc.date.available2018-11-27T11:29:05Z
dc.date.issued2018-12
dc.identifier.citationBLANCO ARROYO, Omar; RUIZ BUFORN, Alba; VIDAL TOMÁS, David; ALFARANO, Simone (2018). On the determination of the granular size of the economy. Economics Letters, v. 173, p. 35-38ca_CA
dc.identifier.urihttp://hdl.handle.net/10234/177679
dc.description.abstractIntroducing the granular hypothesis, Gabaix (2011) shows that the idiosyncratic shocks of a few “granular” firms account for a significant fraction of aggregate fluctuations of the US business cycle. In the literature, however, the question of how many are the granular firms in an economy is left unanswered. Using Spanish data, we propose a novel methodology to calibrate the granular size of the economy, i.e. the number of granular firms.ca_CA
dc.format.extent9 p.ca_CA
dc.format.mimetypeapplication/pdfca_CA
dc.language.isoengca_CA
dc.publisherElsevierca_CA
dc.relation.isPartOfEconomics Letters (2018), v. 173ca_CA
dc.subjectGranular hypothesisca_CA
dc.subjectAggregate fluctuationsca_CA
dc.subjectUS business cycleca_CA
dc.subjectNovel methodologyca_CA
dc.subjectSize of the economyca_CA
dc.titleOn the determination of the granular size of the economyca_CA
dc.typeinfo:eu-repo/semantics/articleca_CA
dc.identifier.doihttps://doi.org/10.1016/j.econlet.2018.08.020
dc.relation.projectID1) Universitat Jaume I under the project P11B2015-63; 2) The Spanish Ministry Science and Technology under the project ECO2015-68469-R; 3) Ministry of Education, FPU2015/01434 and FPU2014/01104ca_CA
dc.rights.accessRightsinfo:eu-repo/semantics/embargoedAccessca_CA
dc.relation.publisherVersionhttps://www.sciencedirect.com/science/article/pii/S0165176518303264ca_CA
dc.type.versioninfo:eu-repo/semantics/publishedVersionca_CA


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