We document that the recent decline in aggregate volatility has been accompanied by a large increase in firm level risk. The negative relationship between firm and aggregate risk seems to be present across industries in the US, and across OECD countries. Firm volatility increases after deregulation. Firm volatility is linked to research and development spending as well as access to external financing. Further, R&D intensity is also associated with lower correlation of sectoral growth with the rest of the economy
Over the past decades, the real and \u85nancial volatility of listed \u85rms has increased, while th...
A growing body of recent macroeconomic evidence suggests that volatility is detrimental to economic ...
Studies of the volatility of the U.S. economy suggest a noticeable change in mid 1980s. There is som...
The US economy has become more stable. At the same time, US firms have become more volatile. I prese...
The US economy has become more stable. At the same time, US firms have become more volatile. I prese...
https://ecm.univ-paris1.fr/nuxeo/site/esupversions/8f469ea5-bfbd-4b9f-8c8c-d79e27cd52eeThis article ...
In this paper, we document the diverging trends in volatility of the growth rate of sales at the agg...
Most traditional explanations for the decreasing aggregate output volatility - so-called "Great Mode...
In this paper, we document the diverging trends in volatility of the growth rate of sales at the agg...
Most traditional explanations for the decreasing aggregate output volatility - so-called "Great Mode...
Over the past thirty years, there has been a decline in aggregate volatil-ity (McConnell and Perez-Q...
This paper documents the diverging trends in volatility of the growth rate of sales at the aggregate...
Aggregated output in industrialized countries has become less volatile over the past decades. Whethe...
In this paper, we investigate the volatility of sales at the firm and the aggregate level using the ...
The purpose of this paper is to revisit an intriguing finding. Although over the last few decades le...
Over the past decades, the real and \u85nancial volatility of listed \u85rms has increased, while th...
A growing body of recent macroeconomic evidence suggests that volatility is detrimental to economic ...
Studies of the volatility of the U.S. economy suggest a noticeable change in mid 1980s. There is som...
The US economy has become more stable. At the same time, US firms have become more volatile. I prese...
The US economy has become more stable. At the same time, US firms have become more volatile. I prese...
https://ecm.univ-paris1.fr/nuxeo/site/esupversions/8f469ea5-bfbd-4b9f-8c8c-d79e27cd52eeThis article ...
In this paper, we document the diverging trends in volatility of the growth rate of sales at the agg...
Most traditional explanations for the decreasing aggregate output volatility - so-called "Great Mode...
In this paper, we document the diverging trends in volatility of the growth rate of sales at the agg...
Most traditional explanations for the decreasing aggregate output volatility - so-called "Great Mode...
Over the past thirty years, there has been a decline in aggregate volatil-ity (McConnell and Perez-Q...
This paper documents the diverging trends in volatility of the growth rate of sales at the aggregate...
Aggregated output in industrialized countries has become less volatile over the past decades. Whethe...
In this paper, we investigate the volatility of sales at the firm and the aggregate level using the ...
The purpose of this paper is to revisit an intriguing finding. Although over the last few decades le...
Over the past decades, the real and \u85nancial volatility of listed \u85rms has increased, while th...
A growing body of recent macroeconomic evidence suggests that volatility is detrimental to economic ...
Studies of the volatility of the U.S. economy suggest a noticeable change in mid 1980s. There is som...