Investment Efficiency and Product Market Competition
نویسندگان
چکیده
منابع مشابه
Product Market Competition and Stock Market Efficiency
How does competition in a firm's product market affect the behavior of its stock? We examine this question in a noisy rational expectations economy in which firms operate under monopolistic competition. Production is subject to productivity shocks and requires capital, raised on a perfectly competitive equity market. Investors observe firms' past profits and collect private information about th...
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Texas at Austin. All remaining errors are of course my own. Comments are welcome.
متن کاملDebt, Investment, and Product Market Competition
All remaining errors are of course my own. Comments welcome.
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2015
ISSN: 1556-5068
DOI: 10.2139/ssrn.2633437