Research At SCEPA
A Statistical Equilibrium Approach to the Distribution of Profit Rates
WORKING PAPER | This working paper builds on Farjoun and Machover's probabilistic approach to understand the distribution of firm level profit rates.
A Bayesian Latent Variable Mixture Model for Filtering Firm Profit Rate
WORKING PAPER | This paper examines the distribution of profit rates in the United States using firm-level data to examine the theory of the equalization of the rate of profit.