Technological synergies, heterogeneous firms, and idiosyncratic volatility
This paper shows the importance of technological synergies among heterogeneous firms for aggregate fluctuations. First, we document six novel empirical facts using microdata that suggest the existence of important technological synergies between trading firms, the presence of positive assortative ma...
| Autores principales: | , , |
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| Formato: | Working paper |
| Lenguaje: | English |
| Publicado: |
University of Oxford
2024
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