{"product_id":"statistical-properties-in-firms-large-scale-data-9789811622977","title":"Statistical Properties in Firms' Large-scale Data","description":"\u003cp\u003eThis is the first book to provide a systematic description of statistical properties of large-scale financial data. Specifically, the power-law and log-normal distributions observed at a given time and their changes using time-reversal symmetry, quasi-time-reversal symmetry, Gibrat''s law, and the non-Gibrat''s property observed in a short-term period are derived here. The statistical properties observed over a long-term period, such as power-law and exponential growth, are also derived. These subjects have not been thoroughly discussed in the field of economics in the past, and this book is a compilation of the author''s series of studies by reconstructing the data analyses published in 15 academic journals with new data. This book provides readers with a theoretical and empirical understanding of how the statistical properties observed in firms’ large-scale data are related along the time axis. It is possible to expand this discussion to understand theoretically and empirically how the statistical properties observed among differing large-scale financial data are related. This possibility provides readers with an approach to microfoundations, an important issue that has been studied in economics for many years.\u003c\/p\u003e","brand":"Gardners","offers":[{"title":"Default Title","offer_id":53590571974935,"sku":null,"price":12471.3,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0679\/6918\/8119\/files\/9789811622977.jpg?v=1782734088","url":"https:\/\/payment.letskitaboo.com\/products\/statistical-properties-in-firms-large-scale-data-9789811622977","provider":"Kitaboo One eStore","version":"1.0","type":"link"}