📅 2023-05-31 — Session: Explored Firm Size and Value Distribution Dynamics
🕒 04:45–06:05
🏷️ Labels: Firm Size, Value Distribution, Log-Normal Distribution, Economic Analysis, Partitions
📂 Project: Business
⭐ Priority: MEDIUM
Session Goal:
The session aimed to explore the mathematical and statistical relationships between firm size distributions and value distributions, focusing on their implications for economic analysis.
Key Activities:
- Analyzed the relationship between firm size and value distribution, emphasizing log-normal distributions and their impact on aggregate behavior.
- Revised captions for economic figures to better illustrate firm-level fluctuations and their implications for aggregate behavior.
- Discussed partitions in aggregate dynamics, focusing on equal weight and quantile partitions and their applications in economics.
- Explored the rationale behind introducing partitions in firm analysis to mitigate multiplicative shocks.
- Analyzed firm size distributions, particularly among French traders, using logarithmic scaling.
- Explained logarithmically distributed variables, including lognormal and log Laplace distributions.
- Discussed quantile partitions in economic analysis and their role in understanding agent size and aggregate dynamics.
Achievements:
- Clarified the significance of log transformations in understanding firm size and value distributions.
- Developed revised captions for economic figures to enhance clarity in data presentation.
- Gained insights into the use of partitions for analyzing complex economic systems.
Pending Tasks:
- Further analysis of sales at both the individual firm and sectoral levels using the introduced partitions.