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Persistent link: https://www.econbiz.de/10010249003
and self-selection in analysts' earnings forecasts. The study investigates the impact of the analysts' disagreement and … the risk channel as the analysts' disagreement is associated with earnings uncertainty. The stock price will be discounted … before the actual earnings announcement. The second one is the optimistic bias channel. The optimistic bias channel means …
Persistent link: https://www.econbiz.de/10014330637
on ex post outcomes impose a rational structure of expectations on school performance and post-graduation earnings … countries and check for relations of expected probability to graduate and of expected earnings with personal abilities and …
Persistent link: https://www.econbiz.de/10011544177
We estimate the (causal) effects of low skill immigration on the performance of Italian manufacturing firms. We find that an increase of the local supply of low skilled immigrants by one thousand units – which corresponds to 8.5 percent of the mean value - raises profits on average by somewhat...
Persistent link: https://www.econbiz.de/10012870249
We estimate the (causal) effects of low skill immigration on the performance of Italian manufacturing firms. We find that an increase of the local supply of low skilled immigrants by one thousand units - which corresponds to 8.5 percent of the mean value - raises profits on average by somewhat...
Persistent link: https://www.econbiz.de/10011993391
-2014 period. We also study whether displaced movers obtain earnings and employment gains compared to displaced stayers. The … based on short-term economic incentives. Migration has an immediate negative relationship with earnings, but the link …
Persistent link: https://www.econbiz.de/10012915343
We analyze the impact on a firm's profits and optimal wage rates, and on the distribution of workers' earnings, when … workers compare their earnings with those of co-workers. We consider a low-productivity worker who receives lower wage … earnings than a high-productivity worker. When the low-productivity worker derives (dis)utility not only from his own effort …
Persistent link: https://www.econbiz.de/10008990892
profit sharing increases earnings fluctuations, it also increases earnings growth in the longer term. As with any group …
Persistent link: https://www.econbiz.de/10011434022
offer some of the first causal estimates of the earnings gains to for-profit colleges. We rely on restricted-use data from … associate's degree programs in for-profit colleges experience earnings gains between 6 and 8 percent, although a 95 percent …
Persistent link: https://www.econbiz.de/10013103658
A review of recent evidence on relative earnings from entrepreneurship versus wage work presents a puzzle: why do …
Persistent link: https://www.econbiz.de/10013090500