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The Cyclicality of Productivity Dispersion

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Outgoing claims: the papers this work cites, builds on, or argues with.

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Indeterminacy and Increasing Returns
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Entry, Exit, Embodied Technology, and Business Cycles
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Why does inventory investment fluctuate so much?
inferredcites →https://doi.org/10.1016/0304-3932(92)90013-ropenalex-snapshot
External effects in U.S. procyclical productivity
inferredcites →https://doi.org/10.1016/0304-3932(95)01208-6openalex-snapshot
Are apparent productive spillovers a figment of specification error?
inferredcites →https://doi.org/10.1016/j.jet.2006.12.005openalex-snapshot
Firm dynamics and markup variations: Implications for sunspot equilibria and endogenous economic fluctuations
inferredcites →https://doi.org/10.1016/j.jet.2012.09.019openalex-snapshot
TFP During a Credit Crunch
inferredcites →https://doi.org/10.1016/j.jfineco.2006.11.007openalex-snapshot
Managerial incentives, capital reallocation, and the business cycle
inferredcites →https://doi.org/10.1016/j.jmoneco.2002.11.001openalex-snapshot
Credit market frictions and the allocation of resources over the business cycle
inferredcites →https://doi.org/10.1016/j.jmoneco.2005.04.006openalex-snapshot
Capital reallocation and liquidity
inferredcites →https://doi.org/10.1016/j.jmoneco.2008.12.014openalex-snapshot
The scarring effect of recessions
inferredcites →https://doi.org/10.1016/j.jmoneco.2009.12.008openalex-snapshot
Investment Shocks and Business Cycles
inferredcites →https://doi.org/10.1016/j.jmoneco.2013.05.005openalex-snapshot
‘Wait-and-See’ business cycles?
inferredcites →https://doi.org/10.1016/j.red.2010.08.004openalex-snapshot
Investment shocks and the relative price of investment
inferredcites →https://doi.org/10.1016/j.red.2010.09.004openalex-snapshot
The impact of plant-level resource reallocations and technical progress on U.S. macroeconomic growth
inferredcites →https://doi.org/10.1016/s0014-2921(98)00058-0openalex-snapshot
The role of investment-specific technological change in the business cycle
inferredcites →https://doi.org/10.1016/s0304-3932(96)90033-1openalex-snapshot
Production function regressions, returns to scale, and externalities
inferredcites →https://doi.org/10.1016/s0304-3932(99)00015-xopenalex-snapshot
Chaos, sunspots and automatic stabilizers
inferredcites →https://doi.org/10.1016/s1094-2025(03)00034-6openalex-snapshot
Returns to scale and externalities in the consumption and investment sectors
inferredcites →https://doi.org/10.1023/a:1015714305990openalex-snapshot
Returns to Scale in Small and Large U.S. Manufacturing Establishments: Further Evidence
inferredcites →https://doi.org/10.1080/07474930008800475openalex-snapshot
GMM Estimation with persistent panel data: an application to production functions
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Real Wages over the Business Cycle: Evidence from Panel Data
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Evaluating the Effects of Incomplete Markets on Risk Sharing and Asset Pricing
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Returns to Scale in U.S. Production: Estimates and Implications
inferredcites →https://doi.org/10.1086/383105openalex-snapshot
Cyclical Dynamics in Idiosyncratic Labor Market Risk
inferredcites →https://doi.org/10.1086/505048openalex-snapshot
The Dynamic Effects of Neutral and Investment‐Specific Technology Shocks
inferredcites →https://doi.org/10.1086/654135openalex-snapshot
Gross Job Creation and Destruction: Microeconomic Evidence and Macroeconomic Implications
inferredcites →https://doi.org/10.1086/654155openalex-snapshot
Labor Demand, Labor Supply, and Employment Volatility
inferredcites →https://doi.org/10.1086/654266openalex-snapshot
Capital Utilization and Returns to Scale
inferredcites →https://doi.org/10.1086/ma.17.3585284openalex-snapshot
Has the Business Cycle Changed and Why?
inferredcites →https://doi.org/10.1093/qje/120.3.865openalex-snapshot
International Trade and Macroeconomic Dynamics with Heterogeneous Firms
inferredcites →https://doi.org/10.1093/qje/121.1.229openalex-snapshot
A Theory of Financing Constraints and Firm Dynamics
inferredcites →https://doi.org/10.1111/0022-1082.00244openalex-snapshot
Portfolio Choice and Asset Prices: The Importance of Entrepreneurial Risk
inferredcites →https://doi.org/10.1111/0022-1082.00318openalex-snapshot
Have Individual Stocks Become More Volatile? An Empirical Exploration of Idiosyncratic Risk
inferredcites →https://doi.org/10.1111/1467-937x.00198openalex-snapshot
The Sullying Effect of Recessions
inferredcites →https://doi.org/10.1111/1467-937x.00246openalex-snapshot
Estimating Production Functions Using Inputs to Control for Unobservables
inferredcites →https://doi.org/10.1111/1468-0262.00467openalex-snapshot
The Impact of Trade on Intra-Industry Reallocations and Aggregate Industry Productivity
inferredcites →https://doi.org/10.1111/1756-2171.12005openalex-snapshot
Measuring aggregate productivity growth using plant‐level data
inferredcites →https://doi.org/10.1111/j.1467-937x.2006.00389.xopenalex-snapshot
On the Nature of Capital Adjustment Costs
inferredcites →https://doi.org/10.1111/j.1467-937x.2006.00405.xopenalex-snapshot
A Model of TFP
inferredcites →https://doi.org/10.1111/j.1467-937x.2007.00463.xopenalex-snapshot
Market Size, Trade, and Productivity
inferredcites →https://doi.org/10.1111/jofi.12034openalex-snapshot
Organization Capital and the Cross‐Section of Expected Returns
inferredcites →https://doi.org/10.1162/003465302317411604openalex-snapshot
On Adjusting the Hodrick-Prescott Filter for the Frequency of Observations
inferredcites →https://doi.org/10.1162/003465304323031094openalex-snapshot
Product Substitutability and Productivity Dispersion
inferredcites →https://doi.org/10.1162/qjec.2006.121.1.229openalex-snapshot
A Theory of Financing Constraints and Firm Dynamics*
inferredcites →https://doi.org/10.1162/qjec.2009.124.4.1403openalex-snapshot
Misallocation and Manufacturing TFP in China and India *
inferredcites →https://doi.org/10.1162/rest.91.3.547openalex-snapshot
Capital Resalability, Productivity Dispersion, and Market Structure
inferredcites →https://doi.org/10.1257/aer.102.6.2509openalex-snapshot
The Contribution of Large and Small Employers to Job Creation in Times of High and Low Unemployment
inferredcites →https://doi.org/10.1257/aer.103.1.305openalex-snapshot
Cross-Country Differences in Productivity: The Role of Allocation and Selection
inferredcites →https://doi.org/10.1257/aer.104.1.27openalex-snapshot
Risk Shocks
inferredcites →https://doi.org/10.1257/aer.104.10.3186openalex-snapshot
Productivity Losses from Financial Frictions: Can Self-Financing Undo Capital Misallocation?
inferredcites →https://doi.org/10.1257/aer.104.2.422openalex-snapshot
Finance and Misallocation: Evidence from Plant-Level Data
inferredcites →https://doi.org/10.1257/aer.104.4.1120openalex-snapshot
Vertical Integration and Input Flows
inferredcites →https://doi.org/10.1257/aer.104.4.1392openalex-snapshot
Investment Dispersion and the Business Cycle
inferredcites →https://doi.org/10.1257/aer.89.5.1234openalex-snapshot
On the Driving Forces Behind Cyclical Movements in Employment and Job Reallocation
inferredcites →https://doi.org/10.1257/aer.91.3.648openalex-snapshot
Monetary Instability, the Predictability of Prices, and the Allocation of Investment: An Empirical Investigation Using U.K. Panel Data
inferredcites →https://doi.org/10.1257/aer.96.4.1193openalex-snapshot
Shocks and Government Beliefs: The Rise and Fall of American Inflation
inferredcites →https://doi.org/10.1257/aer.98.1.394openalex-snapshot
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inferredcites →https://doi.org/10.1257/aer.98.3.604openalex-snapshot
The Time-Varying Volatility of Macroeconomic Fluctuations
inferredcites →https://doi.org/10.1920/wp.ifs.1999.9904openalex-snapshot
GMM estimation with persistent panel data: an application to production functions
inferredcites →https://doi.org/10.2139/ssrn.1077535openalex-snapshot
Introducing Financial Frictions and Unemployment into a Small Open Economy Model
inferredcites →https://doi.org/10.2139/ssrn.1508004openalex-snapshot
Micro and Macro Data Integration: The Case of Capital
inferredcites →https://doi.org/10.2139/ssrn.1600166openalex-snapshot
Financial Factors in Economic Fluctuations
inferredcites →https://doi.org/10.2139/ssrn.1680651openalex-snapshot
Introducing Financial Frictions and Unemployment into a Small Open Economy Model
inferredcites →https://doi.org/10.2139/ssrn.1836699openalex-snapshot
Cross-Sectoral Variation in Firm-Level Idiosyncratic Risk
inferredcites →https://doi.org/10.2139/ssrn.2128793openalex-snapshot
The Longitudinal Business Database
inferredcites →https://doi.org/10.2139/ssrn.2262770openalex-snapshot
The Nature of Countercyclical Income Risk
inferredcites →https://doi.org/10.2139/ssrn.2785346openalex-snapshot
The Cross-Section of Firms Over the Business Cycle: New Facts and a DSGE Exploration
inferredcites →https://doi.org/10.2202/1534-5963.1140openalex-snapshot
Shocks and Business Cycles
inferredcites →https://doi.org/10.2307/1913610openalex-snapshot
A Simple, Positive Semi-Definite, Heteroskedasticity and Autocorrelation Consistent Covariance Matrix
inferredcites →https://doi.org/10.2307/2118365openalex-snapshot
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inferredcites →https://doi.org/10.2307/2118465openalex-snapshot
Monetary Policy, Business Cycles, and the Behavior of Small Manufacturing Firms
inferredcites →https://doi.org/10.2307/2171831openalex-snapshot
The Dynamics of Productivity in the Telecommunications Equipment Industry
inferredcites →https://doi.org/10.2307/2296675openalex-snapshot
The Explanation of Productivity Change
inferredcites →https://doi.org/10.2307/2297896openalex-snapshot
Job Creation and Job Destruction in the Theory of Unemployment
inferredcites →https://doi.org/10.2307/2534764openalex-snapshot
Productivity Dynamics in Manufacturing Plants
inferredcites →https://doi.org/10.2307/2946670openalex-snapshot
Procyclical Productivity: Increasing Returns or Cyclical Utilization?
inferredcites →https://doi.org/10.2307/2946673openalex-snapshot
On the Timing and Efficiency of Creative Destruction
inferredcites →https://doi.org/10.2307/2951541openalex-snapshot
Entry, Exit, and firm Dynamics in Long Run Equilibrium
inferredcites →https://doi.org/10.2307/3003596openalex-snapshot
On the Size Distribution of Business Firms
inferredcites →https://doi.org/10.2307/3584977openalex-snapshot
Building Blocks of Market Clearing Business Cycle Models
inferredcites →https://doi.org/10.26509/frbc-wp-200718ropenalex-snapshot
Entry, Exit, and Plant-Level Dynamics over the Business Cycle
inferredcites →https://doi.org/10.3386/t0055openalex-snapshot
A Simple, Positive Semi-Definite, Heteroskedasticity and AutocorrelationConsistent Covariance Matrix
inferredcites →https://doi.org/10.3386/w13290openalex-snapshot
Misallocation and Manufacturing TFP in China and India
inferredcites →https://doi.org/10.3386/w13385openalex-snapshot
The Impact of Uncertainty Shocks
inferredcites →https://doi.org/10.3386/w15286openalex-snapshot
The Granular Origins of Aggregate Fluctuations
inferredcites →https://doi.org/10.3386/w16862openalex-snapshot
Uncertainty Business Cycles - Really?
inferredcites →https://doi.org/10.3386/w17775openalex-snapshot
Aggregate Implications of a Credit Crunch
inferredcites →https://doi.org/10.3386/w18035openalex-snapshot
The Nature of Countercyclical Income Risk
inferredcites →https://doi.org/10.3386/w18245openalex-snapshot
Really Uncertain Business Cycles
inferredcites →https://doi.org/10.3386/w19148openalex-snapshot
Inflation Dynamics and Time-Varying Volatility: New Evidence and an Ss Interpretation
inferredcites →https://doi.org/10.3386/w20427openalex-snapshot
Reallocation in the Great Recession: Cleansing or Not?
inferredcites →https://doi.org/10.3386/w3004openalex-snapshot
Building Blocks of Market Clearing Business Cycle Models
inferredcites →https://doi.org/10.3386/w3922openalex-snapshot
The Cleansing Effect of Recessions
inferredcites →https://doi.org/10.3386/w5125openalex-snapshot
Capital Utilization and Returns to Scale
inferredcites →https://doi.org/10.3982/ecta6248openalex-snapshot
The Impact of Uncertainty Shocks
inferredcites →https://doi.org/10.3982/ecta8769openalex-snapshot
The Granular Origins of Aggregate Fluctuations

What points at this work

Incoming claims: where this work appears in other papers’ reference lists and arguments.

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Measuring productivity dynamics in Japan: a quantile approach
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A search-based neoclassical model of capital reallocation
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Productivity dispersion and output fluctuations: An evolutionary model
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Riskiness, endogenous productivity dispersion and business cycles
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TFP During a Credit Crunch
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Endogenous second moments: A unified approach to fluctuations in risk, dispersion, and uncertainty
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Plant-level nonconvex output adjustment and aggregate fluctuations
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‘Wait-and-See’ business cycles?
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Financial frictions on capital allocation: A transmission mechanism of TFP fluctuations
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Cyclical Changes in Firm Volatility
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Returns to Scale, Productivity, Measurement, and Trends in U.S. Manufacturing Misallocation
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Evaluating the Impact of Manufacturing Extension Services on Establishment Performance
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Fluctuations in Uncertainty
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Market Exposure and Endogenous Firm Volatility over the Business Cycle
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Aggregate Implications of a Credit Crunch: The Importance of Heterogeneity
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TFPR: Dispersion and Cyclicality
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Essays on Firm Dynamics and Macroeconomics
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Is corruption efficiency-enhancing? A case study of the Central and Eastern European region
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Uncertainty, expectations, and the business cycle
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Fluctuations in uncertainty
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Risk Shocks
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Leverage Restrictions in a Business Cycle Model
inferred← citeshttps://doi.org/10.3386/w19475openalex-snapshot
Does Uncertainty Reduce Growth? Using Disasters as Natural Experiments
inferred← citeshttps://doi.org/10.3386/w19714openalex-snapshot
Fluctuations in Uncertainty
inferred← citeshttps://doi.org/10.3386/w19973openalex-snapshot
Uncertainty Traps
inferred← citeshttps://doi.org/10.3386/w20473openalex-snapshot
Slow to Hire, Quick to Fire: Employment Dynamics with Asymmetric Responses to News
inferred← citeshttps://doi.org/10.3386/w23676openalex-snapshot
Short and Long Run Uncertainty
inferred← citeshttps://doi.org/10.3386/w23687openalex-snapshot
The Rise of Market Power and the Macroeconomic Implications
inferred← citeshttps://doi.org/10.3386/w24420openalex-snapshot
Innovation, Productivity Dispersion, and Productivity Growth
inferred← citeshttps://doi.org/10.3386/w27167openalex-snapshot
Using Disasters to Estimate the Impact of Uncertainty
inferred← citeshttps://doi.org/10.3386/w28345openalex-snapshot
The Supply-Side Effects of Monetary Policy
inferred← citeshttps://doi.org/10.3386/w29630openalex-snapshot
Nonprofits in Good Times and Bad Times
inferred← citeshttps://doi.org/10.3982/ecta10927openalex-snapshot
Really Uncertain Business Cycles
inferred← citeshttps://doi.org/10.48550/arxiv.2108.02272openalex-snapshot
R&D Heterogeneity and Countercyclical Productivity Dispersion
inferred← citeshttps://doi.org/10.7936/k74m92m0openalex-snapshot
Essays on Financial and Labor Markets with Frictions
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