Extensive Margin Adjustment of Multi-Product Firm and Risk Diversification /

Product scope adjustment is a key mechanism through which multi-product firms achieve efficient resource allocations. In this paper, we take a novel perspective to study firms' product scope adjustment behavior through the lens of asset pricing. Using a unique panel scanner data set containing...

Täydet tiedot

Bibliografiset tiedot
Päätekijä: Carvalho, Carlos
Muut tekijät: Hong, Gee Hee, Zhou, Jing
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 2017.
Sarja:IMF Working Papers; Working Paper ; No. 2017/146
Linkit:Full text available on IMF