O1s and Mn2p near-edge X-ray absorption spectroscopy on La<Subscript>1-x</Subscript>Sr<Subscript>1+x</Subscript>MnO<Subscript>4</S ubscript> (0 ≤x ≤0.5) single crystals shows that Sr doping does not only provide holes to the system but also induces a continuous transfer of electrons from out-of-plane d<Subscript>3z2-r2</Subscript> to in-plane d<Subscript>3x2-r2</Subscript>/d<Subscript>3y2-r2</Subscript> orbitals. Furthermore, a...</subscript></subscript></subscript><//s></subscript></subscript></subscript>

What role does labor play in firms' market value? We use a production-based asset pricing model with factor adjustment costs and forward-looking agents to explore this question. We posit that the hiring of labor is akin to investment in capital and that the two interact, with the interaction...

This paper develops a statistical aggregation procedure for the Frisch elasticity of labor supply. It allows for worker heterogeneity and is applicable to an individual labor supply function with non-employment as a possible outcome. Subjecting all offered or paid wages to an unanticipated...