Posts Tagged "Firm Dynamics"

Regularities in Firm Dynamics: The Basic of the Complex Economy

Firm Dynamics is a field defined in mathematical economics and econophysics. The research question of my work is rather simple: what are the regularities of company performance? How a company evolves over time and what is the relevance to the macroeconomy. In this study, I use empirical evidence rather than hypothesis to draw a big picture of company activities in the economy. With data from Amadeus, Compustat and Company House, covering 20M companies in EU and US, the conclusion is drawn from empirical data in an unprecedented level of resolution. To analyse the detail, I further developed a high-resolution probability estimator which enables me to recover the true empirical distribution at the best...

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