Download This PaperA Note on Additional Materials for "Misallocation and Asset Prices"
19 Pages Posted: 27 Nov 2023 Last revised: 17 May 2025
Date Written: January 03, 2025
Abstract
This note includes additional materials for the paper titled "Misallocation and Asset Prices" (Dou et al., 2025). Section 1 provides supplemental material for the model. Section 2 provides supplemental material for empirical analyses. Section 3 describes the numerical algorithm that solves the model.
Keywords: Distribution of firms, Financial frictions, Endogenous growth, Intangible q, Stochastic discount factor, Welfare costs of economic fluctuations.
JEL Classification: L11, O30, O40
Suggested Citation: Suggested Citation
Dou, Winston Wei and Ji, Yan and Tian, Di and Wang, Pengfei, A Note on Additional Materials for "Misallocation and Asset Prices" (January 03, 2025). The Wharton School Research Paper, Available at SSRN: https://ssrn.com/abstract=4616437 or http://dx.doi.org/10.2139/ssrn.4616437
Winston Wei Dou (Contact Author)
University of Pennsylvania - The Wharton School ( email )
3641 Locust Walk
Philadelphia, PA 19104-6365
United States
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