2005-10-20 - Ramb and Reitzig present new paper in Paris
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Fred Ramb (Deutsche Bundesbank) and Markus Reitzig present their newest paper "Who Do You Trust While Shares Are on a Roller Coaster Ride" at the IP meetings of the Applied Econometrics Association in Paris in October. In their paper the authors can originally show that only patent data serves as a reliable source of investor information regarding firms' imtangibles both in "Hausse" and "Baisse" periods. In their paper, the authors compare the explanatory power of patent information with established R&D data as capitalized in balance sheets according to different accounting standards. More information can be found at
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