Staff Papers are analyses, method descriptions and other professional contributions prepared by employees of Danmarks Nationalbank. Staff Papers are approved by the relevant Head of Department. The content expresses only the authors' own conclusions and should not be construed as an expression of Danmarks Nationalbank's opinion.
Evolving business structures: Implications for firms, households and the labour market
The largest firms have grown increasingly important for the Danish economy in recent years. This paper examines how their expansion affects other firms, the labour market, and households. While wages are higher in the largest firms, the immediate spillover effects to other firms appear gradual and modest. Households benefit from the growth of top firms, as it enables higher consumption for unchanged levels of employment.
Staff Papers are analyses, methodological descriptions, and other professional contributions prepared by employees of Danmarks Nationalbank. The content solely reflects the authors' own conclusions and should not be interpreted as representing the views of Danmarks Nationalbank.