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