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our relative earning stability approach. Peer selection based on the relative earnings stability takes account of some … empirically establish superiority of a within-company price to earnings (PE) valuation technique for the most stable companies …
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language proficiency and labor market earnings of male and female immigrants to the United States. Design … model and their labor market earnings using the human capital earnings function that is estimated with an ordinary least … earnings, and those from countries with a greater concentration of Catholic missionaries exhibit lower levels of both, compared …
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In this paper, adopting the framework of Asdrubali, Sorensen and Yosha (1996), I identity three channels of wage income smoothing: net taxes, employers, and interstate commuting income. They smooth 1.8%, 55.1% and 3.0%, respectively, of shocks to Gross State Product (GSP). 40.1% of shocks are...
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In this article, I derive expressions for the Morishima elasticities of substitution (MES) for the variable profit function and estimate these elasticities to shed some light on the substitutability between imports, capital services, and labor services. The results reveal that capital services...
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