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...
Call Number: | Libro Electrónico |
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Main Author: | |
Format: | Electronic eBook |
Language: | Inglés |
Published: |
[Washington, D.C.] :
International Monetary Fund,
[2017]
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Series: | IMF working paper ;
WP/17/146. |
Subjects: | |
Online Access: | Texto completo |