Showing 1 - 7 of 7
The economic theory of network externalities provides the rationale for this paper, which investigates whether adoption of network strategies in European stock exchanges creates additional value in the provision of trading services. Using unbalanced panel data from all major European exchanges...
Persistent link: https://www.econbiz.de/10005062710
The social science literature has done much to document pervasive racial discrimination in Brazil and there is little doubt that a very dark color is a handicap to social advancement. Nevertheless, very few empirical economic studies have attempted to quantify the impact of ethnic discrimination...
Persistent link: https://www.econbiz.de/10005556747
The purpose of this paper is to examine inter-ethnic differences in the returns to education for the three main ethnic groups in the Metropolitan Region of Salvador (MRS), Bahia state, in Northeastern Brazil. Our results suggest that sheepskin effects take the traditional form of an additional...
Persistent link: https://www.econbiz.de/10005125740
Many studies show that individuals from ethnic minority groups receive low levels of job-related training, raising the question of whether lower expected wage benefits contribute to this lack of training. In this paper, unit record data are used to examine the effect of job- related training on...
Persistent link: https://www.econbiz.de/10005125810
, year-to-year change of earnings multiple P/E tends to anticorrelate with profits cycle. It shows sluggishness of market … trend. It is presence of phase of earnings accumulation. Such accumulation is possible only during periods of significant … outstripping of earnings growth over the market growth. Now there is no phase of earnings accumulation, because market returned to …
Persistent link: https://www.econbiz.de/10005413241
firm size and earnings. To establish that such a question is of interest we need to show that the firm size-wage effect …
Persistent link: https://www.econbiz.de/10005118838
In this paper we propose an empirical model to decompose the evolution of the agricultural GDP share of Taiwan into …
Persistent link: https://www.econbiz.de/10005407731