Entering and exiting firms

Entering and exiting firms 



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Research Memorandum (set-up) [PFP#1291253990]
... and exiting firms had lower labour costs, on average, than incumbents. this is mainly due to the lower wages paid by entering and exiting firms compared to their counterparts. finally, firms that exited and entered accounted for a substantial fraction of total output and employment. in 1987, ...
cpb.nl


paper-flex-martin-2.pdf
... young businesses and of businesses that actively change their technology is wider in the united states than in germany, where firing costs are higher. 11 between entering (and exiting) firms productivity and initial ... between the first year (t - k) and the last year (t); it is as before; c, n, and x are sets of continuing, entering, and exiting firms, respectively; and pt-k is the aggregate (i ...
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