We propose a general equilibrium model with oligopolistic output markets where two channels can cause a change in market power: (i) technology, via changes to productivity shocks and the cost of entry, (ii) market structure, via changes to the number of potential competitors. First, we...

We explore how firms grow by adding products. In contrast to most earlier work on the topic, our conceptual and empirical framework allows for separate treatment of product innovation (vertical differentiation) and diversification (horizontal differentiation). Chad Syverson Professor of...

The seminar introduces the participants to the methods, techniques and theories commonly used in their research area. It also offers possibilities for young researchers to get in contact with their peers, to explore new avenues of thinking, to learn collectively and to exchange ideas in a very...

We propose a simple explanation for the long-run decline in the startup rate. It was caused by a slowdown in labor supply growth since the late 1970s, largely pre-determined by demographics. This channel explains roughly two-thirds of the decline and why incumbent firm survival and average...

Do sanctions strengthen the targeted regime? I analyze the 2014 imposition of Western sanctions on Russia and its impact on voting. The United States and the European Union introduced targeted measures against Russian entities and individuals related to President Putin’s regime. Using polling...

This paper investigates how the rules that corporations wrote for themselves related to their financing and performance in an environment characterized by poor investor protections, Imperial Russia. We present new data on detailed governance provisions from Imperial Russian corporate charters,...

Topic areas: Business for Society; Corporate Governance; Entrepreneurship; Family Business; Research; Gender, Race and Diversity in Organisations; Innovation; International Management; Managing Sport; Organisational Behaviour; Project Organising; Public Management and Non-Profit Management;...

How important is a relationship with a bank to a firm’s performance and survival? If firms can easily switch among different sources of credit supply, then the loss of any one source may have little implication for the firms that have borrowed from that source. However, to the extent that...

Mit den Auswirkungen der Coronapandemie, die viele produzierende Unternehmen trifft und die weltweite Wirtschaft langfristig verändert, ergeben sich andere richtungsweisende Fragen rund um die Zukunft der Produktionstechnik. Mit dem neuen Termin im Herbst dieses Jahres wird es beim 30. AWK...

Die Fachtagung folgt erstmals einem neuen Konzept. So erhalten alle Teilnehmer nach dem bereits erwähnten Keynote-Vortrag die Möglichkeit, sich einem von drei moderierten Fachgesprächen anzuschließen. Das erste Fachgespräch richtet sich an Vertreter von Unternehmen (insbesondere aus den...