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Financial development and corporate growth in the EU single market
Bena, Jan; Jurajda, Štěpán - In: Economica 78 (2011) 311, pp. 401-428
Persistent link: https://www.econbiz.de/10009378465
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Heterogeneous innovations, firm creation and destruction, and asset prices
Bena, Jan; Garlappi, Lorenzo; Grüning, Patrick - In: Essays on asset pricing with contagion, endogenous …, (pp. 65-108). 2015
Persistent link: https://www.econbiz.de/10011303505
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Heterogeneous innovation, firm creation and destruction, and asset prices
Bena, Jan; Garlappi, Lorenzo; Grüning, Patrick - In: Review of asset pricing studies 6 (2016) 1, pp. 46-87
Persistent link: https://www.econbiz.de/10011526435
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Heterogeneous Innovations, Firm Creation and Destruction, and Asset Prices
Bena, Jan - 2015
We study the implications of the creative destruction lifecycle of innovation for asset prices. We develop a general equilibrium model of endogenous firm creation and destruction where 'incremental' innovations by incumbents and 'radical' innovations by entrants drive productivity improvements....
Persistent link: https://www.econbiz.de/10013026811