Disequilibrium Econometrics on Micro Data
利用法国INSEE的企业调查数据，构建企业在四种不均衡状态下的分布，并通过动态条件Logit模型分析其随时间的变化，为不均衡的微观视角提供实证证据。
This paper brings some empirical evidence to the construction of a more disaggregated view of disequilibrium. Individual data on firms collected by INSEE through periodic Business Surveys are used to construct the distribution of firms over the four possible disequilibrium regimes. Then the behavior of this distribution over time is analyzed by estimating dynamic conditional logit models on panel data.