Now showing items 1-3 of 3

    • Entry and exit in recent US business cycles 

      Casares Polo, Miguel Upna (2015)   Documento de trabajo / Lan gaiak  OpenAccess
      I show evidence indicating that the variability of the total number of business units (establishments) has significantly increased in recent US business cycles, accounting for nearly 2/3 of real GDP fluctuations during the ...
    • A structural analysis of US entry and exit dynamics 

      Casares Polo, Miguel Upna; Khan, Hashmat; Poutineau, Jean-Christophe (2018)   Documento de trabajo / Lan gaiak  OpenAccess
      The authors report empirical evidence indicating that US business formation has recently turned more volatile, procyclical and persistent due to changes in exit dynamics. To study these stylized facts, we estimate a DSGE ...
    • A structural analysis of US entry and exit dynamics. Technical appendix 

      Casares Polo, Miguel Upna; Khan, Hashmat; Poutineau, Jean-Christophe (2018)   Documento de trabajo / Lan gaiak  OpenAccess
      A. The optimizing programs of the model and other technical details (pages 1-7) B. Short-run and long-run equilibria in the DSGE model with endogenous entry and exit (pages 8-12) C. Average productivity (pages 13-15) D. ...