Online Appendix for 'External Financing and Customer Capital: A Financial Theory of Markups'

14 Pages Posted: 14 Sep 2020

See all articles by Winston Dou

Winston Dou

The Wharton School, University of Pennsylvania

Yan Ji

Hong Kong University of Science & Technology (HKUST)

Date Written: July 30, 2020

Abstract

This is the supplemental material to the paper titled "External Financing and Customer Capital: A Financial Theory of Markups." It includes additional empirical, theoretical, and quantitative results. It also includes illustration for the numerical algorithm for our model solution.

Keywords: Markups, Customer base, External financing costs, Monopolistic competition, Corporate liquidity, Industry dynamics

JEL Classification: E31, G32, G35, L13

Suggested Citation

Dou, Winston and Ji, Yan, Online Appendix for 'External Financing and Customer Capital: A Financial Theory of Markups' (July 30, 2020). Available at SSRN: https://ssrn.com/abstract=3665130 or http://dx.doi.org/10.2139/ssrn.3665130

Winston Dou (Contact Author)

The Wharton School, University of Pennsylvania ( email )

2318 Steinberg Hall - Dietrich Hall
3620 Locust Walk
Philadelphia, PA 19104
United States

Yan Ji

Hong Kong University of Science & Technology (HKUST) ( email )

Clearwater Bay
Kowloon, 999999
Hong Kong

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