Blar i Eksterne publiseringer / International and Nordic Publications på emneord "Saving response"
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Firm-Related Risk and Precautionary Saving Response.
(Journal article; Peer reviewed, 2017-05-05)We propose a new approach to identify the strength of the precautionary motive and the extent of self-insurance in response to earnings risk based on Euler equation estimates. To address endogeneity problems, we use Norwegian ...