Turbulence, Firm Decentralization and Growth in Bad Times
收藏NBER2017-05-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w23354
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资源简介：
What is the optimal form of firm organization during bad times? We present a model of delegation within the firm to show that the effect is ambiguous. The greater turbulence following macro shocks may benefit decentralized firms because the value of local information increases (the localist view).
提供机构：
美国国家经济研究局
创建时间：
2017-05-01
