Turbulence, Firm Decentralization and Growth in Bad Times
NBER Working Paper No. 23354
---- Acknowledgements ----
We would like to thank Ufuk Akcigit, Laura Alfaro, Richard Blundell, Erik Brynjolfsson, Gabriel Chodorow-Reich, Bob Gibbons, Rebecca Henderson, Bengt Holmstrom, Caroline Hoxby, Guy Laroque, Eddie Lazear, Kristina McElheran, Antoinette Schoar, David Thesmar, Jean Tirole and participants in seminars in the AEA, UC Berkeley, Columbia, Harvard, MIT, Northwestern, Stanford and Toronto for helpful discussions. The Economic and Social Research Centre, European Research Council, Kauffman Foundation, National Science Foundation and Sloan Foundation have all provided generous funding. Any opinions and conclusions expressed herein are those of the authors and do not necessarily represent the views of the U.S. Census Bureau or the National Bureau of Economic Research. All results have been reviewed to ensure that no confidential information is disclosed.