For twelve U.S. durable goods firms, panel quantile and VAR-MIDAS estimates are claimed to show that Tobin's Q falls with policy uncertainty, recession risk, and inflation expectations and rises with consumer confidence, but the paper's own tables and text contradict each other on key signs.
Title resolution pending
1 Pith paper cite this work. Polarity classification is still indexing.
1
Pith paper citing it
fields
econ.EM 1years
2025 1verdicts
REJECT 1representative citing papers
citing papers explorer
-
Economic and Policy Uncertainties and Firm Value: The Case of Consumer Durable Goods
For twelve U.S. durable goods firms, panel quantile and VAR-MIDAS estimates are claimed to show that Tobin's Q falls with policy uncertainty, recession risk, and inflation expectations and rises with consumer confidence, but the paper's own tables and text contradict each other on key signs.