Productivity vs. evenness in the U.S. Financial Market: a business ecosystem perspective
This paper starts by presenting an empirical finding in the U.S. stock market: Between 2001 and 2021, high productivity was achieved when the Shannon evenness—measuring the inverse of concentration—dropped. Conversely, when the Shannon evenness soared, productivity plunged. The same inverse relation...
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| Main Author: | |
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| Format: | article |
| Language: | English |
| Published: |
2023
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| Subjects: | |
| Online Access: | https://hdl.handle.net/20.500.12008/42277 |
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