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Current Employment Statistics (CES) imply that average hourly real earnings has mostly stagnated and become substantially less … volatile. We show that differences in earnings concept and differences in worker coverage account for the majority of this …
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How important is mastering information and communication technologies (ICT) in modern labor markets? We present the first evidence on this question, drawing on unique data that provide internationally comparable information on ICT skills in 19 countries. Our identification strategy relies on the...
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Associations between accounting earnings and stock returns are modeled and tested by examining relationships between … earnings response coefficients and industry structure characteristics. Response coefficients are estimated using a new approach … that does not require proxies for market earnings expectations, This approach appears to be well specified relative to a …
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