Chevalier, Judith A., and David S. Scharfstein. "Capital Market Imperfections and Countercyclical Markups: Theory and Evidence." American Economic Review 86, no. 4 ...

Many investors define successful investing as beating the market average over the long term. But the risk of stock picking is ...

Here we focus on the theory of market value in Capital Volume III and consider how technological factors affect the market in Marxian terms. Dobb, M. 1970. “The Sraffa System and Critique of the ...