A model of entry, exit, and plant-level dynamics over the business cycle

DOI10.1016/j.jedc.2018.09.002zbMath1402.91469OpenAlexW2893881143WikidataQ129197573 ScholiaQ129197573MaRDI QIDQ1624125

Toshihiko Mukoyama, Yoonsoo Lee

Publication date: 15 November 2018

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jedc.2018.09.002

zbMATH Keywords

business cyclesentry and exitplant-level dynamics

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64)

Related Items (6)

The cyclicality of entry and exit: the role of imperfect information ⋮ Learning and firm dynamics in a stochastic equilibrium ⋮ Uncertainty-driven labor market fluctuations ⋮ Evaluating the effects of entry regulations and firing costs on international income differences ⋮ Block-recursive equilibria in heterogeneous-agent models ⋮ Costly external finance and labor market dynamics

Cites Work

• Aggregate fluctuations with increasing returns to specialization and scale
• DO FIRING COSTS AFFECT THE INCIDENCE OF FIRM BANKRUPTCY?
• Markov Perfect Industry Dynamics With Many Firms
• Entry, Exit, and firm Dynamics in Long Run Equilibrium
• Strategic Complementarity in Business Formation: Aggregate Fluctuations and Sunspot Equilibria
• The Impact of Trade on Intra-Industry Reallocations and Aggregate Industry Productivity

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