Large Firms and International Business Cycle Comovement-Reference-Cited by-同舟云学术

Large Firms and International Business Cycle Comovement

Published:2017-05-01 Issue:5 Volume:107 Page:598-602
ISSN:0002-8282
Container-title:American Economic Review
language:en
Short-container-title:American Economic Review

Author:

di Giovanni Julian¹,Levchenko Andrei A.²,Mejean Isabelle³

Affiliation:

1. ICREA, Universitat Pompeu Fabra, Ramon Trias Fargas 25-27, 08005 Barcelona, Spain, Barcelona GSE, CREI, and CEPR (e-mail: )

2. University of Michigan, 611 Tappan Street, Ann Arbor, MI 48105, NBER, and CEPR (e-mail: )

3. Ecole Polytechnique, 91128 Palaiseau Cedex, France, and CEPR (e-mail: )

Abstract

This paper investigates the role of the top 100 firms in France in aggregate business cycle comovement. We establish that the top 100 firms (i) are important in aggregate; (ii) exhibit stronger international linkages than the rest of the economy; and (iii) contribute substantially to aggregate comovement.

Publisher

American Economic Association

Subject

Economics and Econometrics

Link

https://pubs.aeaweb.org/doi/pdf/10.1257/aer.p20171006

Cited by 21 articles. 订阅此论文施引文献订阅此论文施引文献，注册后可以免费订阅5篇论文的施引文献，订阅后可以查看论文全部施引文献

1. Theories of market selection;Journal of Economic Surveys;2024-04-17

2. Foreign Shocks as Granular Fluctuations;Journal of Political Economy;2024-01-03

3. Foreign Supply Shocks and the Structure of Trade in a Small Open Economy;De Economist;2023-10-04

4. The Economics of Border Carbon Adjustment: Rationale and Impacts of Compensating for Carbon at the Border;Annual Review of Economics;2023-09-13

5. Firm-level Integration and its Determinants;SSRN Electronic Journal;2023