Irreversible Capital and the Stock Market Response to Shocks in Profitability
- 1 May 1997
- journal article
- Published by JSTOR in International Economic Review
- Vol. 38 (2) , 351
- https://doi.org/10.2307/2527378
Abstract
This paper develops a vintage model of capital accumulation to identify the structural linkage between shocks to input or output prices and a firm's stock-m...This publication has 0 references indexed in Scilit: