Abstract:
This paper (a) provides a framework for quantifying any economy’s flexibility, and (b) reviews the evidence on New Zealand firms’ birth, growth and death. The data indicate that, by and large, the labour market and the financial market are doing their job.
JEL-codes:L (search for similar items in EconPapers) New Economics Papers: this item is included in nep-ent Date: Written Note: Type of Document - pdf; pages: 30 View citations in EconPapers