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The U.S. listing gap

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NBER2015-05-01 更新2025-01-04 收录
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The U.S. had 14% fewer exchange-listed firms in 2012 than in 1975. Relative to other countries, the U.S. now has abnormally few listed firms given its level of development and the quality of its institutions. We call this the U.S. listing gap and investigate possible explanations for it. We rule out

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2015-05-01
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