Online Appendix for 'Misallocation and Asset Prices'
25 Pages Posted: 28 Nov 2023
Date Written: October 29, 2023
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