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  • Cross-sectoral variation in the volatility of plant-level idiosyncratic shocks 

    Castro, Rui; Clementi, Gian Luca; Lee, Yoonsoo (Université de Montréal. Département de sciences économiques., 2014-06)
    We estimate the volatility of plant–level idiosyncratic shocks in the U.S. manufacturing sector. Our measure of volatility is the variation in Revenue Total Factor Productivity which is not explained by either industry– or economy–wide factors, or by ...