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05-046/3 - A Firm's First Year


  • Authors
    Jaap H. Abbring, Faculty of Economics and Business Administration, Vrije Universiteit Amsterdam; Jeffrey R. Campbell, Federal Reserve Bank of Chicago
  • Publication date
    May 12, 2005
  • Keywords
    firm exit; option value; fixed costs; Bayesian learning
  • JEL
    C34; D83; L11; L83