This paper applies a locally weighted scatterplot smoothing (loess) method to estimate the spatially heterogeneous wages of demographic groups of workers across precisely defined US labor markets. We estimate a location choice model using data from the National Longitudinal Survey of Youth...

Chinese outbound direct investment and the European Union -- Strategies and policies to attract Chinese investors in Europe -- The impact of new reforms, and further EU-China policies -- A changing China : perspectives and opportunities -- Chinese ODI in the EU market : upgrading the existing...

A vast literature has documented an optimistic bias of U.S. analysts. This study compares the optimistic bias of U.S. analysts to that of foreign analysts. Using the implied rate of return in target prices, i.e., the ratio of the target price to the stock price one day before the target price...