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| Title: | | The exponential age distribution and the Pareto firm size distribution  |
| Authors: | | Coad, Alex |
| Issue Date: | | 2008 |
| Series/Report no.: | | Jena economic research papers 2008,072 |
| Abstract: | | Recent work drawing on data for large and small firms has shown a Pareto distribution of firm size. We mix a Gibrat-type growth process among incumbents with an exponential distribution of firm's age, to obtain the empirical Pareto distribution. |
| Subjects: | | Firm size distribution firm growth Gibrat's law Pareto distribution Zipf Law |
| JEL: | | L20 L25 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Jena Economic Research Papers, MPI für Ökonomik
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