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Fracking, Drilling, and Asset Pricing: Estimating the Economic Benefits of the Shale Revolution

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NBER2016-12-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w22914
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资源简介:
We quantify the effect of a significant technological innovation, shale oil development, on asset prices. Using stock returns on major news announcement days allows us to link aggregate stock price fluctuations to shale technology innovations. We exploit cross-sectional variation in industry
提供机构:
美国国家经济研究局
创建时间:
2016-12-01
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