Listar por tema "Entry and exit"

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Entry and exit in recent US business cycles

Casares Polo, Miguel (2015) Documento de trabajo / Lan gaiak

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 ...
The extensive margin and US aggregate fluctuations: a quantitative assessment

Casares Polo, Miguel ; Khan, Hashmat; Poutineau, Jean-Christophe (Elsevier, 2020) Artículo / Artikulua

We report empirical evidence indicating that US net business formation has recently turned more volatile, procyclical and persistent. To study these stylized facts, we estimate a DSGE model with endogenous entry and exit. ...