What do mean impacts miss? Distributional effects of corporate diversification

DOI10.1016/J.JECONOM.2019.04.007MaRDI QIDQ2330748zbMATH OpenOpenAlexFDO

Authors Zhijie Xiao, Lan Xu

Publication date 23 October 2019

Published in Journal of Econometrics (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.jeconom.2019.04.007

zbMATH Keywords

corporate diversificationpanel dataquantile regressiontreatment heterogeneity

Mathematics Subject Classification ID

Applications of statistics to economics (62P20)

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Cites work

• A simple approach to quantile regression for panel data
• Are CEOs rewarded for luck? The ones without principals are
• Asymptotics for panel quantile regression models with individual effects
• Average and quantile effects in nonseparable panel models
• Econometric analysis of cross section and panel data.
• Efficient minimum distance estimator for quantile regression fixed effects panel data
• Estimation of Censored Quantile Regression for Panel Data With Fixed Effects
• Panel data models and transitory fluctuations in the explanatory variable
• Penalized quantile regression for dynamic panel data
• Quantile regression for dynamic panel data with fixed effects
• Quantile regression for longitudinal data
• Regression Quantiles
• Robust penalized quantile regression estimation for panel data
• Set identification via quantile restrictions in short panels

Cited in

(6)

• Stock trading and diversification discount
• THE CONGLOMERATE DISCOUNT: A NEW EXPLANATION BASED ON CREDIT RISK
• Corporate diversification and the price-earnings association
• Corporate focus, residential assets, and the performance of French REITs
• Peer influence on dividend policy: evidence from the Chinese stock market
• Permutation test for heterogeneous treatment effects with a nuisance parameter

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