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The Rise in Firm-Level Volatility: Causes and Consequences
16 references·16 citing·45 second hopsampled
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References

  • 1972Essays in the Theory of Risk-Bearing.3,991 cited
  • 1996The Financial Accelerator and the Flight to Quality2,351 cited
  • n.d.Output Fluctuations in the United States: What Has Changed since the Early 1980's?1,867 cited
  • 2003Stages of Diversification1,557 cited
  • 2002Has the Business Cycle Changed and Why?1,515 cited
  • 1997Was Prometheus Unbound by Chance? Risk, Diversification, and Growth1,482 cited
  • 2003Equity Volatility and Corporate Bond Yields1,194 cited
  • 2001The Long and Large Decline in U.S. Output Volatility995 cited
  • 2008Idiosyncratic Return Volatility, Cash Flows, and Product Market Competition717 cited
  • 2000Have Individual Stocks Become More Volatile? An Empirical Exploration of Idiosyncratic Risk663 cited
  • 2002Has the Business Cycle Changed and Why?561 cited
  • 1992Risk-Taking, Global Diversification, and Growth527 cited
  • 2005Finance and the Business Cycle: International, Inter‐Industry Evidence498 cited
  • 2003Capital structure and product markets interactions: evidence from business cycles399 cited
  • 1992Risk-Taking, Global Diversification, and Growth255 cited

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2004
Firm-Specific Variation and Openness in Emerging Markets
252 cited

Cited by

  • 2013Credit Shocks and Aggregate Fluctuations in an Economy with Production Heterogeneity324 cited
  • 2016Where has all the skewness gone? The decline in high-growth (young) firms in the U.S.318 cited
  • 2008Idiosyncratic Shocks and the Role of Nonconvexities in Plant and Aggregate Investment Dynamics299 cited
  • 2019Rising Government Debt: Causes and Solutions for a Decades-Old Trend229 cited
  • 2015Relationship between protean career orientation and work–life balance: A resource perspective217 cited
  • 2007Average Idiosyncratic Volatility in G7 Countries206 cited
  • 2012Aggregate Idiosyncratic Volatility196 cited
  • 2010The evolution of inequality in productivity and wages: panel data evidence194 cited
  • 2017Financialization and the non‐financial corporation: An investigation of firm‐level investment behavior in the United States177 cited
  • 2007Scale Without Mass: Business Process Replication and Industry Dynamics172 cited
  • 2006Diverging Trends in Aggregate and Firm Volatility166 cited
  • 2012The Evolution of Household Income Volatility142 cited
  • 2008Business Volatility, Job Destruction, and Unemployment137 cited
  • 2018Asymmetric Attention132 cited
  • 2011Credit Shocks and Aggregate Fluctuations in an Economy with Production Heterogeneity130 cited
  • 2009A theory of growth and volatility at the aggregate and firm level129 cited