Why Does Capital No Longer Flow More to the Industries with the Best Growth Opportunities?
收藏NBER2016-12-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w22924
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资源简介：
With functionally efficient capital markets, we expect capital to flow more to the industries with the best growth opportunities. As a result, these industries should invest more and see their assets grow more relative to industries with the worst growth opportunities. We find that industries that
提供机构：
美国国家经济研究局
创建时间：
2016-12-01
