Why are aggregate equity payouts pro-cyclical?

Winifred Huang-Meier, Mark C. Freeman, Khelifa Mazouz
  • Journal of Macroeconomics, June 2015, Elsevier
  • DOI: 10.1016/j.jmacro.2015.01.005

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http://dx.doi.org/10.1016/j.jmacro.2015.01.005

The following have contributed to this page: khelifa Mazouz