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Pandemics, intermediate goods, and corporate valuation()
We evaluate whether the changes in valuation of U.S. corporates during the first wave of the COVID-19 pandemic depend on their downstream or upstream industries’ exposure to social distancing. Using a new dataset on sectoral dependence on the use and sale of intermediate goods, we find that firms wh...
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| Formato: | Online Artículo Texto |
| Lenguaje: | English |
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Elsevier Ltd.
2022
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| Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9756216/ https://www.ncbi.nlm.nih.gov/pubmed/36540771 http://dx.doi.org/10.1016/j.jimonfin.2021.102505 |