The Stock Market and Capital Accumulation

By Robert Hall. 2001

597 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/3e9bea99c81d75fac0218af2e19c0c4907ac5184

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Citations in the corpus

Brand Capital and Firm Value (2014, unknown): “As documented in Hall (2001) and McGrattan and Prescott (2000), intangible capital is an important determinant of firm value, and this importance has significantly increased in the last decades at the aggregate level.”
The Value Premium (2005, unknown): “First, θ+ can be interpreted as the adjustment time of the capital stock given one unit change in marginal q (e.g., Shapiro (1986) and Hall (2001)).”
Corporate Taxation and the Choice of Patent Location within Multinational Firms (2012, unknown): “First, intangible assets are increasingly perceived to be important value-drivers within multinational enterprises (MNEs) (e.g. see Hall, 2001; Zingales, 2000).”
Engineering Value: The Returns to Technological Talent and Investments in Artificial Intelligence (2019, unknown): “…capital assets, if they contribute to the market value of the firm, can be priced following an equilibrium relationship that the asset’s marginal Q-value above the asset replacement cost must equal the marginal adjustment costs of competitors (Wildasin 1984; Hayashi and Inoue 1991; Hall 2001).”
Labor and the Market Value of the Firm (2007, unknown): “The data originate from Hall (2001).17 They are based on the Fed Flow of Funds accounts and are defined as follows.”
Taxes, regulations, and the value of U.S. and U.K. corporations (2005, background): “See, for example,Hall (2001).”
Energy, the stock market and the putty-clay investment model (2001, background): “The first-order conditions with respect to the labor supply Lt and consumption Ct are Wt = φ Ct 1− Lt , (33)”
What is the U.S. gross investment in intangibles? (At least) one trillion dollars a year! (2001, result): “These estimates are of the same general magnitude as those in Hall (1999) and McGrattan and Prescott (2001).”
Measuring intangible capital and its contribution to economic growth in Europe. (2009, background): “Other studies use functional characteristics on the output side, such as the measurement of the stock market value of output (Hall, 2001) or the projected future value of output (van Bekkum 2009).”
Intangible Capital and Growth in Advanced Economies: Measurement Methods and Comparative Results (2012, unknown): “The studies by Hall (2000, 2001a, 2001b) and McGrattan and Prescott (2000, 2005), for example, employ strategies that exploit valuations and incomes.”
Corporate taxes and the location of intangible assets within multinational firms (2011, methodology): “Moreover, they constitute a major source of profit shifting opportunities in multinational enterprises (MNEs) due to a highly intransparent transfer pricing process.”