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Belo, Frederico; Lin, Xiaoji - 2012

Previous studies show that firms with low inventory growth outperform firms with high inventory growth in the cross …-section of publicly traded firms. In addition, inventory investment is volatile and procyclical, and inventory-to-sales is … persistent and countercyclical. We embed an inventory holding motive into the investment-based asset pricing framework by …

Persistent link: https://www.econbiz.de/10009697751

The contribution of rising school quality to U.S. economic growth

Mi You, Hye - In: Journal of monetary economics 63 (2014), pp. 95-106

Persistent link: https://www.econbiz.de/10010437676

Some simple analytics of school quality

Hanushek, Eric Alan - 2004

"Most empirical analyses of human capital have concentrated solely on the quantity of schooling attained by individuals, ignoring quality differences. This focus contrasts sharply with policy considerations that almost exclusively consider school quality issues. This paper presents basic...