NBER Macroeconomics Annual 2006, Volume 21: Volatility and Dispersion in Business Growth Rates: Publicly Traded versus Privately Held Firms

By Steven J. Davis, John C. Haltiwanger, Ron S. Jarmin, Javier Miranda. 2007

169 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/9aa2c0a1a21344e9c93731b736cc31cbd4cd4807

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Citations in the corpus

‘Wait-and-See’ business cycles? (2013, background): “Davis et al. (2006) show that studying only publicly traded firms (Compustat) can lead to wrong conclusions, when crosssectional dispersion is concerned.”
Investment Dispersion and the Business Cycle (2011, background): “When cross-sectional dispersion is concerned, Davis et al. (2006) show that studying only publicly traded firms (Compustat) can lead to wrong conclusions.”
Dynamic Inputs and Resource (Mis)Allocation (2014, background): “See, for instance, Tybout and Westbrook (1995), Roberts (1996), Pavcnik (2002), De Loecker and Konings (2006); De Loecker (2007), Goldberg, Khandelwal, Pavcnik, and Topalova (2009), Bloom, Draca,”
Where has all the skewness gone? The decline in high-growth (young) firms in the U.S. (2015, methodology): “Davis et al. (2007) show that in terms of dynamism, public firms have been far from representative.”
Fluctuations in Uncertainty (2014, background): “The other focused on the falling volatility of firm growth rates, which has occurred across all sectors from the late 1970s onwards, and appears to be (at least partly) explained by the gradual aging of firms and their employees (Davis et al. 2006).”
On the mechanics of firm growth (2011, unknown): “[7] Davis, Steven J.”
Information Rigidity and the Expectations Formation Process: A Simple Framework and New Facts (2012, background): “For example, Davis et al. (2006) report that the volatility of employment has fallen since the 1970s for non-publicly traded firms while Comin and Mulani (2004) and Comin and Philippon (2005) show that volatility increased for publicly traded firms over the same period.”
Changing Business Dynamism and Productivity: Shocks vs. Responsiveness (2018, background): “See notes to Table 1.”
Firm Volatility in Granular Networks (2013, background): “…that differences in leverage drive heterogeneity in firm volatility, Comin and Philippon (2006) who argue for industry competition and R&D intensity, Davis et al. (2007) who emphasize age effects, and Brandt et al. (2010) who argue that institutional ownership is a key driver of volatility.”
The Impact of Uncertainty Shocks (2007, background): “8 All data and program …les are also available at http://www.stanford.edu/~nbloom/ 9 This helps to control for any secular changes in volatility (see Davis et al. (2006)).”