Showing 1 - 10 of 69
Persistent link: https://www.econbiz.de/10001149073
We document high economy-wide correlations between the Equity Risk Premium (ERP) and the aggregate volume (rho=-0.69) and value (rho=-0.75) of patenting activity by public firms in the United States over the 1977-2018 period, contradicting Schumpeter's (1939) opportunity-costs hypothesis of...
Persistent link: https://www.econbiz.de/10014354926
Persistent link: https://www.econbiz.de/10000821758
Persistent link: https://www.econbiz.de/10003553723
Persistent link: https://www.econbiz.de/10003459698
Persistent link: https://www.econbiz.de/10003422443
Persistent link: https://www.econbiz.de/10001333044
Persistent link: https://www.econbiz.de/10013481598
Persistent link: https://www.econbiz.de/10013287491
Persistent link: https://www.econbiz.de/10000046339