Showing 1 - 10 of 42
Persistent link: https://www.econbiz.de/10003569346
Persistent link: https://www.econbiz.de/10009765614
Persistent link: https://www.econbiz.de/10011946663
Persistent link: https://www.econbiz.de/10011804712
A high growth rate in labor hours per worker signals low future stock market returns and high future hiring. In the presence of an increase in the number of labor hours per worker, hiring becomes less responsive to the future discount rate. The growth rate in the number of labor hours per worker...
Persistent link: https://www.econbiz.de/10013003352
Persistent link: https://www.econbiz.de/10013402177
Production decisions provide a credible indicator of future costs of capital perceived by corporate insiders and so may forecast future stock returns. We find that, under decreasing returns to scale, investment returns correlate imperfectly with stock returns and that higher profitability and...
Persistent link: https://www.econbiz.de/10013080553
Persistent link: https://www.econbiz.de/10001063105
Persistent link: https://www.econbiz.de/10001213622
Persistent link: https://www.econbiz.de/10001059437