Armen Hovakimian

Judith Chevalier1
Amy Dittmar1
Bill Mckelvey1
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I use the Business Information Tracking Series (BITS), a new census database that covers the whole U.S. economy at the establishment level, to examine whether the finding of a diversification discount is an artifact of segment data. BITS data allow me to construct business units that are more consistently and objectively defined than segments, and thus more(More)
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