This paper estimates a modified Beta model of stock excess returs of Italian privatized firms and proposes some interpretation of the results in terms of the effects of privatization on income distribution and capital accumulation during the sample period.
Bosco, B. (2011). Privatization, Reproduction and Crisis: the Case of Utilities. In E. Brancaccio, G. Fontana (a cura di), The Global Economics Crisis (pp. 231-249). Londra : Roautledge Taylor & Francis Group.
Privatization, Reproduction and Crisis: the Case of Utilities
BOSCO, BRUNO PAOLO
2011
Abstract
This paper estimates a modified Beta model of stock excess returs of Italian privatized firms and proposes some interpretation of the results in terms of the effects of privatization on income distribution and capital accumulation during the sample period.
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