Haku
Viitteet 1-1 / 1
Are zombies for real? Evidence from zombie dynamics
(27.10.2022)
International Journal of Industrial Organization December ; 2022
International Journal of Industrial Organization December ; 2022
This paper analyses zombie firms in a dynamic setup where firm survival not only depends on its current returns, but the firm's exit decision is forward-looking. Building on a model of firm entry and exit and using firm-level ...