Corporate Discount Rates
收藏NBER2023-06-01 更新2025-01-04 收录
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https://www.nber.org/papers/w31329
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资源简介：
We construct a dataset of firms discount rates (i.e., required returns to capital) and perceived cost of capital using corporate conference calls. The relation between discount rates and the cost of capital is far below the one-to-one mapping assumed in standard theory, as it takes many years for
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美国国家经济研究局创建时间：
2023-06-01
