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A Firm's First Year
Abbring, Jaap H.; Campbell, Jeffrey R. - Tinbergen Institute - 2005
growth, learning, and survival using monthly sales histories from 305 Texas bars. We find that heterogeneity in firms' pre … remainder. We find no evidence of entrepreneurial learning. Variation of the firms' fixed costs consistent with an annual lease …
Persistent link: https://www.econbiz.de/10005136867
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A Dynamic Analysis of Moving Average Rules
Chiarella, Carl; He, Tony; Hommes, Cars H. - Tinbergen Institute - 2005
The use of various moving average (MA) rules remains popular with financial market practitioners. These rules have recently become the focus of a number empirical studies, but there have been very few studies of financial market models where some agents employ technical trading rules of the type...
Persistent link: https://www.econbiz.de/10005136922