A Theory of Income and Dividend Smoothing Based on ...A Theory of Income and Dividend Smoothing Based on Incumbency Rents The Harvard community has made this article openly available.

A Theory of Income and DividendSmoothing Based on Incumbency Rents

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Citation Fudenberg, Drew, and Jean Tirole. 1995. A theory of income anddividend smoothing based on incumbency rents. Journal of PoliticalEconomy 103, no. 1: 75-93.

Published Version http://dx.doi.org/10.1086/261976

Citable link http://nrs.harvard.edu/urn-3:HUL.InstRepos:3160494

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A Theory of Income and Dividend Smoothing Based on ...A Theory of Income and Dividend Smoothing Based on Incumbency Rents The Harvard community has made this article openly available.

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