Finance in a Time of Disruptive Growth
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下载链接：
https://www.nber.org/papers/w32184
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资源简介：
We propose a unified theory of asset price determination encompassing both conventional and alternative asset classes (private equity, real estate, etc.). The model features disruption of old by young firms and skewness in the distribution of innovative rents among the young innovators. The relative
提供机构：
美国国家经济研究局
创建时间：
2024-03-01
