注册 投稿
经济金融网 中国经济学教育科研网 中国经济学年会 EFN通讯社

耶鲁金融系2015年秋季讲座:企业年龄,投资机会与工作创造

文件大小:未知

级别评定:★★★★★

添加时间:2015-12-05 13:32:26

最后更新:2015-12-05 13:59:11

下载积分:0分 (只有会员文件下载时才需要相应积分验证)

总浏览:

总下载:4

发布人:george15135

  • 如果您发现该资源不能下载,请在本站论坛提出,管理员会及时处理。
  • 未经本站明确许可,任何网站不得非法盗链及抄袭本站资源。
  • 本站资源均为网友提供交流,仅供教学、研究使用,请下载后24小时内自行删除。
    0
资源简介

Professor Manuel Adelino, from Duke University, will be the Finance Seminar speaker on Friday, October 30, 2015. Manuel will present his paper titled “Firm Age, Investment Opportunities, and Job Creation”

The seminar will be held at Yale School of Management from 11:35am – 12:55pm in EVANS 4230 located at 165 Whitney Avenue.

Lunch will be served at 11:30am. We hope you can attend!

Firm Age, Investment Opportunities, and Job Creation 

Manuel Adelino
Fuqua School of Business
Duke University
 
Song Ma
Fuqua School of Business
Duke University
 
David T. Robinson
Fuqua School of Business
Duke University and NBER
 
October 16, 2015
 
Abstract
 
New rms are an important source of job creation, but the underlying economic mechanisms responsible for this are not well understood. To explore one important mechanism, this paper focuses on employment creation that results from local demand shocks, and asks whether these new investment opportunities are seized more through the creation of new rms or through the expansion of existing fi rms. We find that new rm entry is responsible for the bulk of net employment creation in response to changing local economic conditions than growth by established rms. Moreover,
their responsiveness is larger in areas with better access to small business nance.Although we focus on the non-tradable sector for identi cation, our results extend to the construction sector and the economy as a whole, indicating that the mechanisms we uncover are economically pervasive.

资源评论

快速入口
回到顶部
深圳网站建设