Diverging Trends in Aggregate and Firm Volatility

By Diego A. Comin, Sunil Mulani. Review of Economics and Statistics, 2006

174 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/a2d6519381cf21f13180e3317abe9ca07883859f

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Citations in the corpus

Relationship between protean career orientation and work–life balance: A resource perspective (2015, background): “PCO has become increasingly salient in a volatile global economy (Bansak & Raphael, 2006; Comin & Mulani, 2006; Comin & Philippon, 2005; Farber, 2005; Stewart, 2002) in which widespread career uncertainty forces workers to take greater control over career management to remain employable in a highly…”
Job Search and Voluntary Turnover in a Boundaryless world: a Control Theory Perspective (2011, background): “Numerous studies support the trend toward an increasingly turbulent economy (Boisjoly et al., 1998; Comin & Mulani, 2006; Comin & Philippon, 2005; Farber et al., 1997; Jaeger & Stevens, 1999; Marcotte, 1996; Marcotte & Hartman, 1995; Stewart, 2002), indicating that the presence of large-scale job…”
Creative destruction and firm-specific performance heterogeneity (2007, background): “15 cutthroat price competition might magnify firm-specific shocks, turning minor setbacks into catastrophes and minor edges into lasting dominance (Philippon, 2003; Irvine and Pontiff, 2004; Comin and Mulani, 2006; Gaspar and Massa, 2006).”
The age of temporary advantage (2010, background): “The macroeconomics literature reported rising volatility in earnings, sales, employment growth, capital expenditures, and total factor productivity (Comin and Mulani, 2006; Comin and Philippon, 2006).”
Demand Uncertainty and Cost Behavior (2014, methodology): “…Dichev 2002; Kothari, Laguerre, and Leone 2002; Zhang 2006; Dichev and Tang 2009), and the standard deviation of log-changes in sales is commonly used as a measure of demand uncertainty in economics (e.g., Stock and Watson 2002; Comin and Philippon 2005; Comin and Mulani 2006; Davis and Kahn 2008).”
Financial liberalization, private investment and portfolio choice: Financialization of real sectors in emerging markets (2009, background): “The existing evidence also shows an increase in the volatility of stock markets as well as sales and earnings of firms in both developed and developing country markets for the last three decades (Grabel, 1995; Comin and Mulani, 2006).”
Corporate Real Estate Holdings and the Cross-Section of Stock Returns (2010, unknown): “This firm productivity process generates average firm output growth volatility of 24.3%, which is in line with the recent average firm sales growth volatility estimates from Comin and Mulani (2006).8 The adjustment cost parameters are picked to generate realistic investment dynamics.”
Firm Growth: Empirical Analysis (2010, unknown): “While Comin and Philippon (2006); Comin and Mulani (2006) document an increase in microeconomic volatility over the last decades for the US, Davis, Haltiwanger, Jarmin, and Miranda (2007) show that there is a important distinction between publicly traded and privately held firms. For the privately h”
Aggregate Idiosyncratic Volatility (2012, methodology): “Comin and Mulani (2006) examine how and why trends in the macroeconomy seem to diverge from the “microtrend.””