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On the determination of the granular size of the economy
dc.contributor.author | Blanco Arroyo, Omar | |
dc.contributor.author | Ruiz-Buforn, Alba | |
dc.contributor.author | Vidal-Tomás, David | |
dc.contributor.author | Alfarano, Simone | |
dc.date.accessioned | 2018-11-27T11:29:05Z | |
dc.date.available | 2018-11-27T11:29:05Z | |
dc.date.issued | 2018-12 | |
dc.identifier.citation | BLANCO 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. 35-38 | ca_CA |
dc.identifier.uri | http://hdl.handle.net/10234/177679 | |
dc.description.abstract | Introducing 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.extent | 9 p. | ca_CA |
dc.format.mimetype | application/pdf | ca_CA |
dc.language.iso | eng | ca_CA |
dc.publisher | Elsevier | ca_CA |
dc.relation.isPartOf | Economics Letters (2018), v. 173 | ca_CA |
dc.rights.uri | http://rightsstatements.org/vocab/CNE/1.0/ | * |
dc.subject | Granular hypothesis | ca_CA |
dc.subject | Aggregate fluctuations | ca_CA |
dc.subject | US business cycle | ca_CA |
dc.subject | Novel methodology | ca_CA |
dc.subject | Size of the economy | ca_CA |
dc.title | On the determination of the granular size of the economy | ca_CA |
dc.type | info:eu-repo/semantics/article | ca_CA |
dc.identifier.doi | https://doi.org/10.1016/j.econlet.2018.08.020 | |
dc.relation.projectID | 1) 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 FPU2014/01104 | ca_CA |
dc.rights.accessRights | info:eu-repo/semantics/openAccess | ca_CA |
dc.relation.publisherVersion | https://www.sciencedirect.com/science/article/pii/S0165176518303264 | ca_CA |
dc.type.version | info:eu-repo/semantics/publishedVersion | ca_CA |
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