Uncertainty, Corporate Diversification and Misallocation

Keyphrases

• Corporate Diversification 100%
• Uncertainty Shocks 100%
• Misallocation 100%
• Cross-sectional Uncertainty 100%
• High Uncertainty 66%
• Company Value 33%
• Cash Flow 33%
• High Productivity 33%
• Public Firms 33%
• Negative Externalities 33%
• Aggregate Productivity 33%
• Equity Value 33%
• Resource Misallocation 33%
• Core Business 33%
• Aggregate TFP 33%
• External Financing Constraints 33%
• Business Line 33%
• Heterogeneous Firm Model 33%
• Growth Equity 33%
• Credit Capacity 33%
• Competitive Equilibrium 33%
• Resource Reallocation 33%

Economics, Econometrics and Finance

• Credit 100%
• Corporate Uncertainty 100%
• Cash Flow 50%
• Firm Value 50%
• Externalities 50%
• Perfect Competition 50%
• Aggregate Productivity 50%
• Financing Constraint 50%