Journal of Political Economy Vol. 133 No. 11 2025
Robert Lucas’s Models of Firm Size Distributions and Investment
Abstract
This paper examines three influential papers by Lucas that have become essential references in the economic literature. The first paper explores the size distributions of firms, while the other two investigate the relationship between firms? investments, their valuations, and their rates of growth. These seminal papers have inspired numerous subsequent studies, significantly advancing our understanding of firm dynamics and investment behavior.
- DOI
- 10.1086/738000
- Volume
- 133
- Issue
- 11
- Pages
- 3431-3448
- Language
- en
- Sources
- bibtex:phds-export.bib openalex crossref