New York University
Stern School of Business
44 W Fourth St.
KMC 7th floor, # 176E
New York, NY 10012-1126
Institutional Affiliation: New York University
Information about this author at RePEc
NBER Working Papers and Publications
|January 2019||Big Data and Firm Dynamics|
with Maryam Farboodi, Thomas Philippon, Laura Veldkamp: w25515
We study a model where firms accumulate data as a valuable intangible asset. Data accumulation affects firms’ dynamics. It increases the skewness of the firm size distribution as large firms generate more data and invest more in active experimentation. On the other hand, small data- savvy firms can overtake more traditional incumbents, provided they can finance their initial money- losing growth. Our model can be used to estimate the market and social value of data.
Published: Maryam Farboodi & Roxana Mihet & Thomas Philippon & Laura Veldkamp, 2019. "Big Data and Firm Dynamics," AEA Papers and Proceedings, vol 109, pages 38-42. citation courtesy of
|June 2016||Comment on "Is the Macroeconomy Locally Unstable and Why Should We Care?"|
with Laura Veldkamp
in NBER Macroeconomics Annual 2016, Volume 31, Martin Eichenbaum and Jonathan A. Parker, editors