A recent theoretical model by Epstein and Schneider (2008) predicts that a firm's assets will be undervalued by the market if the information surrounding these assets is ambiguous. The model further predicts that this effect is amplified if the underlying fundamentals are volatile. This paper...

A recent theoretical model by Epstein and Schneider (2008) predicts that a firm’s assets will be undervalued by the market if the information surrounding these assets is ambiguous. The model further predicts that this effect is amplified if the underlying fundamentals are volatile. This paper...

A recent theoretical model by Epstein and Schneider (2008) predicts that a firm's assets will be undervalued by the market if the information surrounding these assets is ambiguous. The model further predicts that this effect is amplified if the underlying fundamentals are volatile. This paper...

In this paper, we update and summarize the results of the SIMPATIC e-book on the results from microeconometric analysis of how firms apply for R&D subsidies, and how governments grant them, using data from 5 EU countries. We find that older firms are less and larger firms mostly more...

In this paper, we update and summarize the results of the SIMPATIC e-book on the results from microeconometric analysis of how firms apply for R&D subsidies, and how governments grant them, using data from 5 EU countries. We find that older firms are less and larger firms mostly more...

In this paper, we update and summarize the results of the SIMPATIC e-book on the results from microeconometric analysis of how firms apply for R&D subsidies, and how governments grant them, using data from 5 EU countries. We find that older firms are less and larger firms mostly more...

In this paper, we update and summarize the results of the SIMPATIC e-book on the results from microeconometric analysis of how firms apply for R&D subsidies, and how governments grant them, using data from 5 EU countries. We find that older firms are less and larger firms mostly more...