This paper evaluates various explanations for the profitability of momentum strategies documented in Jegadeesh and …

This paper examines the impact of unionization on profit- ability, growth and productivity using time series data on … negative union effects on profitability, but growth, productivity and the capital-labor ratio appear to be little affected by … may have longer term implications for efficiency since the impact on profitability appears to fall most heavily on firms …

The purpose of this paper is to treat scale economies, profit-maximizing markups, economic profitability, capacity … run profit potential from markup behavior. As a result, on average economic profits are normal, but declining … profitability is prevalent in most industries since the early 1970s. Also, although cost and revenue shares tend to be approximately …

cost of the signal is foregone investment opportunities. We conclude that payout policy conveys information about future …

realizations. We show that the forecasts significantly affect farmer investment decisions and that these responses account for a … the main instrument, that the return to agricultural investment depends substantially on the conditions under which it is … estimated. Using the full rainfall distribution and our profit function estimates, we find that Indian farmers on average under …

, profitability, investment, and stock returns for firms in the 'crisis' country as well as competitors in the rest of the world … operating-profit growth rates about 15%-25% higher than competitors in other countries; 3) The effect of devaluations on fixed … capital investment and stock returns (and therefore expected long-run output and profits) is determined by capital …

Using a unique new dataset linking administrative data on investment performance and financial knowledge, we examine …

This paper evaluates the effects of fiscal policy on investment using a panel of OECD countries. In particular, we … investigate how different types of fiscal policy affect profits and , as a result, investment. We find a sizable negative effect … of public spending -- and in particular of its public wage component -- on business investment. This result is consistent …