Listar Departament: Economia por fuente "Industrial and Corporate Change, 2015"

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    • closedAccess   Gibrat's Law Redux: think profitability instead of growth 

      Mundt, Philipp; Alfarano, Simone; Milakovic, Mishael Oxford University Press (OUP) (2015)
      We argue that firm profitability can be conveniently characterized by one and the same diffusion process for all firms, akin to Gibrat’s seminal idea of a common stochastic description for the dynamics of firm growth. Here ...