CEF.UP – ECO Seminar/Webinar

Tuesday – September 27^th, 2022, at 1:00 p.m. |Room 305| Online

“Firm Dynamics and Sectoral Reallocation with Hugo Hopenhayn and Rish Singhania”

 Julian Neira – University of Exeter, UK

Abstract:

This paper presents a tractable framework to jointly study patterns of sectoral reallocation and firm dynamics. The framework features input-output linkages across sectors, heterogeneous rates of firm creation and destruction, and common factor markets. We characterize the existence and uniqueness of the equilibrium. We present applications to sectoral reallocations in US data.