Revisions and Investment Plans and the Stock Market Rate of Return
收藏NBER1991-12-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w3937
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资源简介:
This paper explores the sources of uncertainty that cause firms to revise their capital investment plans and the stock market to revise its valuation of those firms. A simple method is developed to decompose the uncertainty governing revisions in investment plans and the stock market rate of return
提供机构:
美国国家经济研究局
创建时间:
1991-12-01



