heterogeneity in productivity and factor prices symmetrically. The strength of the proposed estimator is illustrated by Monte Carlo …

less importance. Another result is that the level of total factor productivity, as a component of firm effects …

This paper is the first to estimate the impact of a direct measure of firm-level upstreamness on productivity, wage … costs and profits (i.e. productivity-wage gaps). To do so, we merged detailed Belgian linked panel data, covering all years … that if upstreamness increases by one step (that is, by approximately, one standard deviation), productivity rises on …

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 …

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 …

productivity and wage growth. …

based on short-term economic incentives. Migration has an immediate negative relationship with earnings, but the link …-2014 period. We also study whether displaced movers obtain earnings and employment gains compared to displaced stayers. The … results show that job displacement increases the migration probability by ~70%. However, social capital in a region and …

productivity and wage growth …