Only ONLINE APPENDIX for
نویسنده
چکیده
This appendix contains the proofs and additional analyses that we mention in paper but that we decided not to report there to preserve space. The appendix is organized as follows. Section A proves Corollary 2. Section B proves that the stock market equilibrium is unique in our model. Section C replicates the results in Tables 2 and 3 of the paper using stock return co-movement to measure di¤erentiation instead of the text-based measure of product di¤erentiation developed by Hoberg and Phillips (2015). Section D documents a negative association between a rms overall degree of product di¤erentiation (or uniqueness) and the informativeness of its stock price. Section E reports rm-level tests instead of the rm-pair level tests presented in the paper.
منابع مشابه
THE APPENDIX, AN ACCEPTABLE SUBSTITUTE FOR ALL SEGMENTS OF BOTH URETERS: A REPORT OF TWO CASES
There are occasional reports of using the appendix to replace sections of the ureters, and to our knowledge, only a couple of them were in the left side. We used the appendix as a ureteral substitute in two cases in technically difficult parts, the upper left ureter and the first part of the right ureter. Follow-ups of8 years and 6 months in right and left side cases, respectively, are imp...
متن کاملOnline Appendix for “Liquidity Constraints and Consumer Bankruptcy: Evidence from Tax Rebates”
In this section we discuss the sensitivity of our main results to the way in which we calculate the standard errors. These results are reported in Online Appendix Table OA1. We find that the precision of our results is very similar when we use heteroskedasticity-robust standard errors, cluster by week, or cluster by the check date. In theory, it is more conservative to cluster by check date rat...
متن کاملOnline Appendix – NOT FOR PUBLICATION
This Online Appendix is divided into six parts. Appendix A provides a general statement of strategies and equilibria, and describes how we do equilibrium selection when there are multiple equilibria. Appendix B proves Proposition 3. Appendix C proves verbal statements in the analysis of experimentation about the principal’s commitment problem and institutional solutions. Appendix D contains acc...
متن کاملGuidance-Based Teaching Methods; An Up-to-Date Ethical Appendix for the Effectiveness of Islamic Teachings Courses in Universities
One of the most important educational goals in teaching the Islamic teachings is to improve the level of knowledge and faith of the students by providing appropriate educational content. To achieve this goal, various educational methods can be suggested. According to the present writer, “Guidance-based teaching method” as one of the subsets of active teaching methods is one of the most effectiv...
متن کاملOnline Appendix: Property Rights Over Marital Transfers
This online appendix accompanies our paper “Property Rights Over Marital Transfers”.
متن کاملAuctions versus Posted Prices in Online Markets
This online appendix contains four sections. Appendix A provides a more general version of the model from Section 2. Appendix B includes additional charts and tables that are referenced in the main paper. Appendix C reports alternative specifications for our main results, using different matching criteria, as discussed in Section 3. Appendix D provides cross-country evidence on the decline on e...
متن کامل