Government policies that impose restrictions on the size of large establishments or firms, or promote small ones, are widespread across countries. In this paper, we develop a framework to systematically study policies of this class. We study a simple growth model with an endogenous size distribution of production units. We parameterize this model to account for the size distribution of establishments and for the (observed) large share of employment in large establishments. Then, we ask: quantitatively, how costly are policies that distort the size of production units? What is the impact of these policies on productivity measures, the equilibrium number of establishments and their size distribution? We find that these effects are potentially...
This paper studies the empirical link between government size, institutions and economic activity u...
This paper investigates asymmetric effects of monetary policy over the business cycle. A two-state M...
Following earlier work by Audretsch et al. (2002), we assume that an optimal size-class structure ex...
Government policies that impose restrictions on the size of large establishments or firms, or promot...
Paper presented at Technical Symposium held at the Stern School Of Business, New York UniversityWe d...
Preliminary. A major empirical challenge in economics is to identify how regulations (such as firing...
We show how size-contingent laws can be used to identify the equilibrium and welfare effects of labo...
We show how size-contingent laws can be used to identify the equilibrium and welfare effects of labo...
Why do growth and net exit rates of establishments decline with size? What determines the size distr...
In this paper it is argued that the size distribution of firms may largely be determined by institut...
This paper analyzes the structural relationship between policies that distort resource allocation an...
We develop a span-of-control model where managerial skills are endogenous and the outcome of investm...
Why do firm growth and exit rates decline with size? What determines the size distribution of firms?...
This thesis tests Oliver Williamson's proposition that transaction cost economics can explain the li...
This paper investigates economic performance and policies in OECD countries. Our hypothesis is that ...
This paper studies the empirical link between government size, institutions and economic activity u...
This paper investigates asymmetric effects of monetary policy over the business cycle. A two-state M...
Following earlier work by Audretsch et al. (2002), we assume that an optimal size-class structure ex...
Government policies that impose restrictions on the size of large establishments or firms, or promot...
Paper presented at Technical Symposium held at the Stern School Of Business, New York UniversityWe d...
Preliminary. A major empirical challenge in economics is to identify how regulations (such as firing...
We show how size-contingent laws can be used to identify the equilibrium and welfare effects of labo...
We show how size-contingent laws can be used to identify the equilibrium and welfare effects of labo...
Why do growth and net exit rates of establishments decline with size? What determines the size distr...
In this paper it is argued that the size distribution of firms may largely be determined by institut...
This paper analyzes the structural relationship between policies that distort resource allocation an...
We develop a span-of-control model where managerial skills are endogenous and the outcome of investm...
Why do firm growth and exit rates decline with size? What determines the size distribution of firms?...
This thesis tests Oliver Williamson's proposition that transaction cost economics can explain the li...
This paper investigates economic performance and policies in OECD countries. Our hypothesis is that ...
This paper studies the empirical link between government size, institutions and economic activity u...
This paper investigates asymmetric effects of monetary policy over the business cycle. A two-state M...
Following earlier work by Audretsch et al. (2002), we assume that an optimal size-class structure ex...