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| Author: | Cooley, T. F. Quadrini, V. |
| Title: | Financial markets and firm dynamics |
| Journal: | American Economic Review
2001 : DEC, VOL. 91:5, p. 1286-1310 |
| Index terms: | Financial analysis Corporate planning Market theory |
| Language: | eng |
| Abstract: | The authors analyze whether financial factors, in addition to technological differences, are important in generating these dynamics. They introduce financial-market frictions combination of persistent shocks and financial frictions can account for the simultaneous dependence of firm dynamics on size and on age. |
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