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Regime switching models for the Mexican peso

Bazdresch, Santiago; Werner, Alejandro - In: Journal of International Economics 65 (2005) 1, pp. 185-201

Persistent link: https://www.econbiz.de/10005527825

Labor Hiring, Investment, and Stock Return Predictability in the Cross Section

Belo, Frederico; Lin, Xiaoji; Bazdresch, Santiago - In: Journal of Political Economy 122 (2014) 1, pp. 129-129

We study the impact of labor market frictions on asset prices. In the cross section of US firms, a 10 percentage point increase in the firm’s hiring rate is associated with a 1.5 percentage point decrease in the firm’s annual risk premium. We propose an investment-based model with stochastic...

Persistent link: https://www.econbiz.de/10010757735

Labor hiring, investment, and stock return predictability in the cross section

Bazdresch, Santiago; Belo, Frederico; Lin, Xiaoji - 2012

We study the impact of labor market frictions on asset prices. In the cross section of U.S. firms, a 10 percentage points increase in the firm's hiring rate is associated with a 1.5 percentage points decrease in the firm's annual risk premium. We propose an investment-based model with stochastic...

Persistent link: https://www.econbiz.de/10009697801

Estimating and testing dynamic corporate finance models

Bazdresch, Santiago; Kahn, R. Jay; Whited, Toni Marion - In: The review of financial studies 31 (2018) 1, pp. 322-361

Persistent link: https://www.econbiz.de/10011924631