Results 91 to 100 of about 3,547 (201)

Life Cycle Consumption and Portfolio Choice Under Real Interest Rate Risk

Financial Management, EarlyView.
ABSTRACT We set up a life cycle model with real interest rate risk to demonstrate that real interest rates have implications for optimal household consumption and investments. Lower interest rates lead to higher optimal stock investments and lower consumption.
Marcel Fischer, Natascha Jankowski
wiley   +1 more source

Shareholder Activism: Affliction for Incumbent CEOs?

Financial Management, EarlyView.
ABSTRACT We study how shareholder activism shapes CEO careers by distinguishing between two competing hypotheses: discipline and reallocation. Employing a control function approach with expected mutual fund fire sales and purchases as exclusion restrictions, we analyze 3799 US campaigns from 2006 to 2018.
Jana P. Fidrmuc, Jesús Gorrín, Jiaqi Zhao   +2 more
wiley   +1 more source

On Racialized, Gendered, Precarious Work: Struggles of Community Health Workers During the National Health Insurance Pilot Program in the Tshwane District, South Africa

Gender, Work &Organization, EarlyView.
ABSTRACT The infrastructure of precarious work is racialized and gendered, affecting disenfranchised Black women who carry the burden of low paid caregiving within the healthcare system. In South Africa, Community Health Workers, predominantly Black women from marginalized communities, have been vital in providing primary healthcare services at home ...
Sivuyisiwe Wonci
wiley   +1 more source

The Union Wage Mark‐Up for Immigrants in the United States

Industrial Relations: A Journal of Economy and Society, EarlyView.
ABSTRACT Using data from the Current Population Survey (CPS) for 1995–2023, we show that unionized immigrants earn 10.1 log points less than unionized natives, of which 4.8 log points are due to a lower union wage mark‐up. Therefore, unionization is beneficial for immigrants but to a lesser extent than for natives in the United States.
Laszlo Goerke, Cinzia Rienzo
wiley   +1 more source

Striking for a Just Transition? North American Auto Unions and the Electric Vehicle Transition

Industrial Relations: A Journal of Economy and Society, EarlyView.
ABSTRACT Decarbonization heightens risks for workers, but union strategies shape how these risks are managed and whether new jobs offer quality employment. This paper compares U.S. and Canadian auto unions during the 2023 Detroit Three bargaining, focusing on strategic capacities and internal politics to explain their divergent responses to the EV ...
Mathieu Dupuis, Ian Greer, Dongwoo Park
wiley   +1 more source

Out of Many, Many: Variation in East Central Europe Financial Governance Despite the EU's Single Market

JCMS: Journal of Common Market Studies, EarlyView.
Abstract Following the global financial crisis, European financial authorities introduced a host of new initiatives intended to advance market integration, improve the quality of bank oversight and enhance both economic stability and prospects for growth.
Dóra Piroska, Rachel A. Epstein
wiley   +1 more source

Expert Asymmetry: Evidence From Securities Litigation

Journal of Empirical Legal Studies, EarlyView.
ABSTRACT Modern litigation often involves two separate, extra‐legal features: (1) contingency fee arrangements with the plaintiff‐side attorney, and (2) a “battle of the experts” where the outcome of the case rests on conflicting expert witness testimony.
Adam Callister, Andrew Granato, Belisa Pang   +2 more
wiley   +1 more source

CEO social media activity and insider trading

Journal of Financial Research, EarlyView.
Abstract This article studies the relationship between CEOs' social media activity and their insider trading behavior. Drawing on psychological evidence linking online activity to risk‐taking, we find that active CEOs on social media exhibit higher risk preferences and engage more in insider trading—particularly in terms of incidence, intensity, and ...
Zhichuan Li, Claire Y. C. Liang, Zhenyang Tang   +2 more
wiley   +1 more source

Household portfolio allocation and stock market beliefs: Evidence from Japanese households

Journal of Financial Research, EarlyView.
Abstract We analyze data from the Keio Household Panel Survey (KHPS) to investigate how individuals' beliefs about financial markets influence current and planned asset holdings. Our results reveal statistically and economically significant relations between specific beliefs and both present asset allocations and accumulation.
Raslan Alzuabi, Daniel Gray
wiley   +1 more source

When attentive insider trading matters: Evidence from government investment

Journal of Financial Research, EarlyView.
Abstract We examine whether insiders can exploit public information to increase their trading profitability. By exploiting, as a quasi‐natural experiment, the Bipartisan Infrastructure Law (BIL), announced in the U.S. in March 2021 and implemented in November 2021, we provide evidence that insiders earn higher profits when government investment plans ...
Dimitris Petmezas, Etienne Redor, Shaoyi Wang, Nan Xiong   +3 more
wiley   +1 more source