Diverging Trends in Macro and Micro Volatility: Facts
收藏NBER2004-11-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w10922
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资源简介：
This paper documents the diverging trends in volatility of the growth rate of sales at the aggregate and firm level. We establish that the upward trend in micro volatility is not simply driven by a compositional bias in the sample studied. We argue that this new fact sheds some shadows on the
提供机构：
美国国家经济研究局
创建时间：
2004-11-01
