Article ID Journal Published Year Pages File Type
5062150 Economics Letters 2007 5 Pages PDF
Abstract

In this paper it is shown that, under the Marshall and Olkin [Marshall, A.W., Olkin, I., 1967. A Multivariate Exponential Distribution. American Statistical Association Journal, pp. 30-44.] conditions, it is possible to prove the appearing of two stylized facts in industrial dynamics: Pareto shape (firms' size) and Laplace distribution (firms' growth rates).

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Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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