BEGIN:VCALENDAR VERSION:2.0 PRODID:-//132.216.98.100//NONSGML kigkonsult.se iCalcreator 2.20.4// BEGIN:VEVENT UID:20250928T163438EDT-4862v3nIFg@132.216.98.100 DTSTAMP:20250928T203438Z DESCRIPTION:'The Empirical Distribution of Firm Dynamics and Its Macro Impl ications'\n\nNicolas Vincent\, HEC Montreal\n September 6\, 2022\, 12:00 to 1:00 PM\n Leacock 429\n\nAbstract:\n Heterogeneous firm models are central to the modern economics literature. In this context\, we revisit a central feature of these models: the nature of idiosyncratic shocks faced by firm s. Using firm-level data\, we document that the commonly assumed parametri c distributions of the shocks that firms face differ in important ways fro m observed dynamics. We embed these findings into a general equilibrium he terogeneous firm model and show they have a first-order effect on the resp onse of the economy to aggregate disturbances.\n DTSTART:20220906T160000Z DTEND:20220906T170000Z LOCATION:Room 429\, Leacock Building\, CA\, QC\, Montreal\, H3A 2T7\, 855 r ue Sherbrooke Ouest SUMMARY:Nicolas Vincent (HEC Montreal): 'The Empirical Distribution of Firm Dynamics and Its Macro Implications' URL:/economics/channels/event/nicolas-vincent-hec-mont real-empirical-distribution-firm-dynamics-and-its-macro-implications-34107 4 END:VEVENT END:VCALENDAR