The rise in firm-level volatility
The rise in firm-level volatility
6 min read
Rate this book:
About This Book
"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"--National Bureau of Economic Research web site.
Buy This Book
As an Amazon Associate and Bookshop.org affiliate, BookOrb earns from qualifying purchases.
Write a Review
Sign in to write a review.
More by Diego Comin
A theory of growth and volatil
A theory of growth and volatility at the aggregate and firm level
An exploration of technology d
An exploration of technology diffusion
An exploration of the Japanese
An exploration of the Japanese slowdown during the 1990s
Bridging the Technological Div
Bridging the Technological Divide
Cross-country technology adopt
Cross-country technology adoption
Diverging trends in macro and
Diverging trends in macro and micro volatility