March 2013 – Capital As Power

Category: Featured/RECASP

The Buy-to-Build Indicator: New Estimates for Britain and the United States

Posted On March 13, 2013May 12, 2021 By Blair Fix

The Buy-to-Build Indicator New Estimates for Britain and the United States JOSEPH A. FRANCIS October 2013 Abstract This note presents new long-term estimates of what Jonathan Nitzan and Shimshon Bichler have named the ‘buy-to-build indicator’, which is calculated as the value of mergers and acquisitions as a percentage of gross capital formation. Keywords Britain, buy-to-build […]

Category: Featured/Publications

McMahon, ‘The Rise of a Confident Hollywood: Risk and the Capitalization of Cinema’

Posted On March 1, 2013September 16, 2021 By jmc

Abstract This paper investigates the historical development of risk in the Hollywood film business. Using opening theatres as a proxy for future expectations, the paper demonstrates how, from 1981 to 2011, Hollywood has improved its ability to predict the financial rankings of its films. More specifically, the Hollywood film business has become better at predicting […]