Download This PaperOnline Appendix for 'Misallocation and Asset Prices'
25 Pages Posted: 28 Nov 2023
Date Written: October 29, 2023
Abstract
This is the supplemental material to the paper titled “Misallocation and Asset Prices” (Dou et al., 2023). It includes the mathematical proofs for all the theoretical results in Dou et al. (2023). It also provides additional quantitative and empirical results.
Keywords: Distribution of firms, Financial frictions, Misallocation, Endogenous growth, Welfare cost of business cycles
JEL Classification: L11, O30, O40
Suggested Citation: Suggested Citation
Dou, Winston Wei and Ji, Yan and Tian, Di and Wang, Pengfei, Online Appendix for 'Misallocation and Asset Prices' (October 29, 2023). Available at SSRN: https://ssrn.com/abstract=4590453 or http://dx.doi.org/10.2139/ssrn.4590453
Winston Wei Dou
University of Pennsylvania - The Wharton School ( email )
3641 Locust Walk
Philadelphia, PA 19104-6365
United States
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