TL;DR: This article applied a vector autoregression model to longitudinal panel data on French manufacturing firms and observed the coevolution of key variables such as growth of employment, sales, gross operating surplus, and labor productivity growth.
Abstract: This article offers many new insights into the processes of firm growth by applying a vector autoregression model to longitudinal panel data on French manufacturing firms. We observe the coevolution of key variables such as growth of employment, sales, gross operating surplus, and labor productivity growth. Preliminary results suggest that employment growth is succeeded by the growth of sales, which in turn is followed by growth of profits. Generally speaking, however, growth of profits is not followed by much employment growth or sales growth. Quantile regressions highlight some asymmetries between negative-growth and fast-growth firms.
TL;DR: This paper investigated changes in aggregate labor share in China during 1978 and 2007 with a particular focus on the 1995-2007 period during which official statistics report a drop of 12.45 percentage points in labor's share of national income (labor share).
TL;DR: This work derives bounds on the ratios of deadweight loss and consumer surplus to producer surplus under Cournot competition using a parameterization of the degree of curvature of market demand using the parallel concepts of?-concavity and ?
TL;DR: In this paper, the authors identify the issues involved in the use of large data sets to examine nonprofit surpluses and endowments and provide suggestions for how best to ensure that the data are consistent and useful.
Abstract: As the first systematic attempt to identify the issues involved in the use of large data sets to examine nonprofit surpluses and endowments, this paper provides suggestions for how best to ensure that the data are consistent and useful. We introduce five definitions of nonprofit surplus (the analogue of profit) and identify when researchers should use one in preference to the other. The distinctions are especially important when analyzing endowed organizations because surpluses affect the amount and rate of accumulation of endowment assets. Conversely, an endowment affects how managers and analysts should calculate surplus. Information on IRS 990 reports is incomplete, so we explain how to construct a pro forma endowment portfolio and endowment spending from available data for the purpose of calculating operating surplus of endowed organizations. We argue that researchers doing statistical analyses with large data bases should distinguish between endowed organizations and those without endowments because ...