• Title of article

    Waves and persistence in merger and acquisition activity

  • Author/Authors

    Barkoulas، John T. نويسنده , , Baum، Christopher F. نويسنده , , Chakraborty، Atreya نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 2001
  • Pages
    -236
  • From page
    237
  • To page
    0
  • Abstract
    Markov regime-switching and sine-wave models have been used to capture the apparent wave-like behavior in aggregate U.S. merger and acquisition (M and A) activity. In this paper we offer an alternative characterization of the dynamic structure in M and A activity as a strongly dependent or long-memory process.
  • Keywords
    FCC auctions
  • Journal title
    Economics Letters
  • Serial Year
    2001
  • Journal title
    Economics Letters
  • Record number

    21637