productivity after going private, there is little evidence of difference-in-differences efficiency gains relative to peer groups of … firms to be myopic in a way that impacts efficiency, then going private (when myopia is eliminated) should cause U.S. firms … to improve their establishment level productivity relative to a peer control groups of firms. We find no evidence that …

Neoclassical analysis of the labor market and its institutions. A systematic development of the theory of labor supply …

of speculative bubble, which is analyzed in Essay 2, is understood as an excess of the equilibrium price over the current … disagreement leads to a speculative bubble, which is independent on any observed history of data. I extend this example by adding … techniques to analyze the dynamics of a speculative bubble in a very special case of a Markov dividend process and the prior …

A three-period overlapping-generations model is developed to investigate the impact on human capital investment … probability of premature death leads to less investment in human capital, and consequently slower growth. We also empirically …

, and equity. Because of productivity shocks, the equity return is uncertain, and risk-averse investors require a positive … capital investment and growth. …