Productivity Growth and Stock Returns: Firm- and Aggregate-Level Analyses
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下载链接：
https://www.nber.org/papers/w19462
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资源简介：
Technological innovation is not a blessing for all firms, or for investors holding the market. In the late 20th century US, individual firms' stock returns correlate positively with their own productivity growth, yet the market return correlates negatively with aggregate productivity growth, yet.
提供机构：
美国国家经济研究局
创建时间：
2013-09-01
