Supporting Information – An Explanation of Universality in Growth Fluctuations
36 Pages Posted: 29 Apr 2010 Last revised: 10 Feb 2011
Date Written: January 31, 2011
Supplementary materials for "The cause of universality in growth fluctuations".
As supplementary materials we provide the following:
In Section 1 we discuss a modification to our model incorporating a constraint over the number of elements. In Section 2 we derive and discuss in detail the logarithmic growth rate distribution arising from our model. In Section 3 we discuss a modification to the model that incorporates correlations in the replication factors of elements belonging to the same group. In Section 4 we describe in more detail the fitting procedures and the data sets used in our empirical investigation. We provide in this section additional analysis supporting our results.
Keywords: firm growth, scaling, mutual fund flows
JEL Classification: C21, D21
Suggested Citation: Suggested Citation