Keywords: Two-stage (simultaneous) regression
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Journal Articles
Journal of Economic and Administrative Sciences (2014) 30 (2): 131–158.
Published: 11 November 2014
.../approach – The paper utilizes the specifications of the two-stage (simultaneous) regression and partial adjustment model. The sample includes quarterly data for firms listed in the Dow Jones Industrial Average and NASDAQ for the period December 31, 1989-March 31, 2011. Findings – The authors have...

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