On the determination of the granular size of the economy
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Otros documentos de la autoría: Blanco Arroyo, Omar; Ruiz-Buforn, Alba; Vidal-Tomás, David; Alfarano, Simone
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Mostrar el registro completo del ítemcomunitat-uji-handle:10234/9
comunitat-uji-handle2:10234/8643
comunitat-uji-handle3:10234/8644
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Título
On the determination of the granular size of the economyFecha de publicación
2018-12Editor
ElsevierCita bibliográfica
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. 35-38Tipo de documento
info:eu-repo/semantics/articleVersión de la editorial
https://www.sciencedirect.com/science/article/pii/S0165176518303264Versión
info:eu-repo/semantics/publishedVersionPalabras clave / Materias
Resumen
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 ... [+]
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. [-]
Publicado en
Economics Letters (2018), v. 173Proyecto de investigación
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 FPU2014/01104Derechos de acceso
http://rightsstatements.org/vocab/CNE/1.0/
info:eu-repo/semantics/openAccess
info:eu-repo/semantics/openAccess
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