Information Spillovers in the Market for Recorded Music
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This paper studies the role of consumer learning in the demand for recorded music by examining the impact of an artist's new album on sales of past and future albums. Using detailed album sales data for a sample of 355 artists, we show that the release of a new album increases sales of old albums,
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美国国家经济研究局创建时间：
2006-05-01
