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- Faculty Publications (12)
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- 04 Mar 2014
- First Look
First Look: March 4
India on firm size dynamics and reallocation of resources within industries. Following deregulation, resource misallocation declines, and the left-hand tail of the firm size distribution thickens significantly, suggesting increased entry... View Details
Keywords: Sean Silverthorne
- 08 Jun 2010
- First Look
First Look: June 8
and internal capital markets. We find that firms with more concentrated ownership are less diversified and have more efficient internal capital markets. Our findings provide direct evidence in support of Scharfstein and Stein's (2000) model, which suggests that... View Details
Keywords: Martha Lagace
- 14 Jun 2004
- Research & Ideas
The Big Money for Big Projects
preventing managers from wasting or misallocating free cash flow and deters related parties, including host governments, from trying to appropriate it. But is this always effective in preventing such misappropriation? A: It is true that... View Details
- 15 Jan 2013
- First Look
First Look: January 15
Abstract This paper examines the impact of the deregulation of compulsory industrial licensing in India on firm-size dynamics and the reallocation of resources within industries over time. Following deregulation, we find that the extent of resource View Details
Keywords: Sean Silverthorne