Winners and Losers: Creative Destruction and the Stock Market
收藏NBER2013-01-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w18671
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资源简介：
We develop a general equilibrium model of asset prices in which the benefits of technological innovation are distributed asymmetrically. Financial market participants do not capture all the economic rents resulting from innovative activity, even when they own shares in innovating firms. Economic
提供机构：
美国国家经济研究局
创建时间：
2013-01-01
