When Does the Market Matter? Stock Prices and the Investment of Equity-Dependent Firms

DOI10.1162/00335530360698478zbMATH Open1072.91574OpenAlexW4239467316MaRDI QIDQ4459693FDOQ4459693

Jeremy C. Stein, Jeffrey Wurgler, Malcolm Baker

Publication date: 18 May 2004

Published in: The Quarterly Journal of Economics (Search for Journal in Brave)

Full work available at URL: http://www.nber.org/papers/w8750.pdf

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Mathematics Subject Classification ID

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• Testing for Slope Heterogeneity Bias in Panel Data Models
• Market shocks in the G7 countries
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