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...

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Bibliografiske detaljer
Hovedforfatter: Carvalho, Carlos
Andre forfattere: Hong, Gee Hee, Zhou, Jing
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 2017.
Serier:IMF Working Papers; Working Paper ; No. 2017/146
Online adgang:Full text available on IMF