Capital misallocation and state ownership policy in Vietnam

P Le - Economic Record, 2022 - Wiley Online Library
This paper examines capital misallocation of manufacturing firms in Vietnam during the
period 2008–17. Three sources of capital misallocation are investigated: adjustment costs …

Nonlinear Firm Dynamics

D Melcangi, S Sarpietro - FRB of New York Staff Report, 2024 - papers.ssrn.com
This paper presents empirical evidence on the nature of idiosyncratic shocks to firms and
discusses its role for firm behavior and aggregate fluctuations. We document that firm-level …