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Found 4 papers, 1 papers with code
Revisiting Granular Models of Firm Growth
As predicted by the model, the distribution of growth rate volatilities is to a good approximation {independent of firm size}, once rescaled by the average size-conditioned volatility.
Compositional Growth Models
We review models of compositional growth, which were introduced to explain the growth statistics of various quantities ranging from firm sizes to GDP.
Revealing production networks from firm growth dynamics
We study the correlation structure of firm growth rates.
Out-of-Equilibrium Dynamics and Excess Volatility in Firm Networks
We show that the time needed to reach equilibrium diverges to infinity as the system approaches an instability point beyond which the Hawkins-Simons condition is violated and competitive equilibrium is no longer admissible.
