Firm size, volatility and labor market thickness

dc.contributor	Graduate Program in Economics.
dc.contributor.advisor	Çürük, Malik.
dc.contributor.author	Özsoy, Mehlika.
dc.date.accessioned	2023-03-16T12:00:14Z
dc.date.available	2023-03-16T12:00:14Z
dc.date.issued	2019.
dc.description.abstract	In this thesis, I investigate the relationship between labor market thickness and volatility of sales. Marshall suggests that thick markets occur since industrial organization increases productivity. In Principles of Economics(1890), Marshall explains how economic concentration positively effects productivity, growth, innovation and exposure to shocks. Using a ﬁrm-level panel data for 18 countries, I test a new dimension of ﬁrm effectiveness, namely sales volatility, and relate it to industry and/or overall economic concentration. In the results of tests, I ﬁnd that there is a negative relationship between the volatility of sales and both employment level and the share of employment in a region, separately. For the ﬁrms which are in same sector, in a given region, as the share of the ﬁrms' employment in that region decreases; volatility increases for that ﬁrms.
dc.format.extent	30 cm.
dc.format.pages	x, 53 leaves ;
dc.identifier.other	EC 2019 O87
dc.identifier.uri	https://digitalarchive.library.bogazici.edu.tr/handle/123456789/16334
dc.publisher	Thesis (M.A.) - Bogazici University. Institute for Graduate Studies in the Social Sciences, 2019.
dc.subject.lcsh	Labor market.
dc.title	Firm size, volatility and labor market thickness

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