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The recent empirical evidence shows that plant level dynamics are relevant to explain economic growth. The reallocation of resources across incumbent plants, and the process of entry and exit of plants account for a quantitatively relevant fraction of changes in total factor pro-ductivity; aggreg...


Bergoeing, RaphaelPiguillem, Facundo[Innovaciones en Productividad y Dinámica de Plantas]Innovaciones en Productividad y Dinámica de Plantas

Since the publication of the 1982 Kydland and Prescott�s paper, the business cycles literature has experienced significant changes. The traditional view characterized by product fluctuations mainly accounted for by nominal factors was replaced - at least in part - by models where all fluctuation ...


Bergoeing, RaphaelSuárez, Juan Enrique[¿Qué Debemos Explicar? Reportando las Fluctuaciones Agregadas de la Economía Chilena]¿Qué Debemos Explicar? Reportando las Fluctuaciones Agregadas de la Economía Chilena

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