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When a Master Dies: Speculation and Asset Float

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NBER2020-03-01 更新2025-01-04 收录
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https://www.nber.org/papers/w26831
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The death of an artist constitutes a negative supply shock to his future production; in finance terms, this supply shock reduces the artist's float. Intuition may thus suggest that this supply shock reduces the future auction volume of the artist. However, if collectors have fluctuating
创建时间:
2020-03-01
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