The persistent and informative distribution of returns on capital
This Letter draws on series of very large national samples of individual enterprises across fifteen countries to show that cross-sectional distributions of realized returns on capital (RoC) are persistently well described by the same functional form: highly peaked distributions with stretched-expone...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Oviedo University Press
2019
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| Subjects: | |
| Online Access: | View Fulltext in Publisher |