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How Firms Respond to Business Cycles: The Role of Firm Age and Firm Size
Firm Age Firm Size
2015/9/18
There remains considerable debate in the theoretical and empirical literature about
the differences in the cyclical dynamics of firms by firm size. This paper contributes
to the debate in two ways. ...
What Causes Business Cycles? Analysis of the Japanese Industrial Production Data
Business Cycles Industrial Production Data
2010/11/3
We explore what causes business cycles by analyzing the Japanese industrial production data. The methods are spectral analysis and fac-tor analysis. Using the random matrix theory, we show that two la...