Statistical Properties in Firms' Large-scale Data / by Atushi Ishikawa.

This is the first book to provide a systematic description of statistical properties of large-scale financial data. Specifically, the power-law and log-normal distributions observed at a given time and their changes using time-reversal symmetry, quasi-time-reversal symmetry, Gibrat's law, and t...

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Bibliographic Details
Main Author: Ishikawa, Atushi (Author)
Format: eBook
Language:English
Published: Singapore : Springer, [2021]
Series:Evolutionary economics and social complexity science ; v. 26.
Subjects:
Online Access:Click for online access

MARC

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245 1 0 |a Statistical Properties in Firms' Large-scale Data /  |c by Atushi Ishikawa. 
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264 4 |c ©2021 
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490 1 |a Evolutionary economics and social complexity science,  |x 2198-4204 ;  |v volume 26 
504 |a Includes bibliographical references and index. 
520 |a This is the first book to provide a systematic description of statistical properties of large-scale financial data. Specifically, the power-law and log-normal distributions observed at a given time and their changes using time-reversal symmetry, quasi-time-reversal symmetry, Gibrat's law, and the non-Gibrat's property observed in a short-term period are derived here. The statistical properties observed over a long-term period, such as power-law and exponential growth, are also derived. These subjects have not been thoroughly discussed in the field of economics in the past, and this book is a compilation of the author's series of studies by reconstructing the data analyses published in 15 academic journals with new data. This book provides readers with a theoretical and empirical understanding of how the statistical properties observed in firms' large-scale data are related along the time axis. It is possible to expand this discussion to understand theoretically and empirically how the statistical properties observed among differing large-scale financial data are related. This possibility provides readers with an approach to microfoundations, an important issue that has been studied in economics for many years. 
505 0 |a Chapter 1. Introduction -- Chapter 2. Non-Gibrat's Property in the Mid-scale Range -- Chapter 3. Quasi-statistically Varying Power-law and Log-normal Distributions -- Chapter 4. Extension of Non-Gibrat's Property -- Chapter 5. Long-term Firm Growth Derived from Non-Gibrat's Property and Gibrat's Law -- Chapter 6. Firm-age Distribution and the Inactive Rate of Firms -- Chapter 7. Statistical Properties in Inactive Rate of Firms -- Chapter 8. Power Laws with Different Exponents in Firm-Size Variables -- Chapter 9. Why does Production Function Take the Cobb-Douglas Form? 
588 0 |a Online resource; title from PDF title page (SpringerLink, viewed July 7, 2021). 
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655 7 |a Statistics  |2 fast 
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830 0 |a Evolutionary economics and social complexity science ;  |v v. 26.  |x 2198-4204 
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