Aggregate recruiting intensity and cross-sectional stock returns
Author
Abstract
Suggested Citation
DOI: 10.1016/j.frl.2022.102947
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Alessandro Gavazza & Simon Mongey & Giovanni L. Violante, 2018.
"Aggregate Recruiting Intensity,"
American Economic Review, American Economic Association, vol. 108(8), pages 2088-2127, August.
- Alessandro Gavazza & Simon Mongey & Giovanni L. Violante, 2016. "Aggregate Recruiting Intensity," NBER Working Papers 22677, National Bureau of Economic Research, Inc.
- Gavazza, Alessandro & Violante, Giovanni & Mongey, Simon, 2016. "Aggregate Recruiting Intensity," CEPR Discussion Papers 11541, C.E.P.R. Discussion Papers.
- Alessandro Gavazza & Simon Mongey & Giovanni L. Violante, 2017. "Aggregate Recruiting Intensity," Staff Report 553, Federal Reserve Bank of Minneapolis.
- Alessandro Gavazza & Simon Mongey & Giovanni L. Violante, 2016. "Aggregate recruiting intensity," CEP Discussion Papers dp1449, Centre for Economic Performance, LSE.
- Gavazza, Alessandro & Mongey, Simon & Violante, Giovanni L, 2016. "Aggregate recruiting intensity," LSE Research Online Documents on Economics 69017, London School of Economics and Political Science, LSE Library.
- Gavazza, Alessandro & Mongey, Simon & Violante, Giovanni L, 2018. "Aggregate recruiting intensity," LSE Research Online Documents on Economics 85652, London School of Economics and Political Science, LSE Library.
- Edward P. Lazear & James R. Spletzer, 2012.
"Hiring, Churn, and the Business Cycle,"
American Economic Review, American Economic Association, vol. 102(3), pages 575-579, May.
- Edward P. Lazear & James R. Spletzer, 2012. "Hiring, Churn and the Business Cycle," NBER Working Papers 17910, National Bureau of Economic Research, Inc.
- Guido Menzio & Shouyong Shi, 2011.
"Efficient Search on the Job and the Business Cycle,"
Journal of Political Economy, University of Chicago Press, vol. 119(3), pages 468-510.
- Guido Menzio & Shouyong Shi, 2008. "Efficient Search on the Job and the Business Cycle," PIER Working Paper Archive 08-029, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
- Guido Menzio & Shouyong Shi, 2009. "Efficient Search on the Job and the Business Cycle," NBER Working Papers 14905, National Bureau of Economic Research, Inc.
- Guido Menzio & Shouyong Shi, 2008. "Efficient Search on the Job and the Business Cycle," Working Papers tecipa-327, University of Toronto, Department of Economics.
- Guido Menzio & Shouyong Shi, 2011. "Efficient Search on the Job and the Business Cycle," Working Papers tecipa-437, University of Toronto, Department of Economics.
- Fama, Eugene F. & French, Kenneth R., 2015. "A five-factor asset pricing model," Journal of Financial Economics, Elsevier, vol. 116(1), pages 1-22.
- Steven J. Davis & R. Jason Faberman & John C. Haltiwanger, 2013.
"The Establishment-Level Behavior of Vacancies and Hiring,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 128(2), pages 581-622.
- Steven J. Davis & R. Jason Faberman & John Haltiwanger, 2009. "The establishment-level behavior of vacancies and hiring," Working Papers 09-14, Federal Reserve Bank of Philadelphia.
- Steven J. Davis & R. Jason Faberman & John C. Haltiwanger, 2010. "The Establishment-Level Behavior of Vacancies and Hiring," NBER Working Papers 16265, National Bureau of Economic Research, Inc.
- Andrea L. Eisfeldt & Dimitris Papanikolaou, 2013.
"Organization Capital and the Cross-Section of Expected Returns,"
Journal of Finance, American Finance Association, vol. 68(4), pages 1365-1406, August.
- Dimitris Papanikolaou & Andrea Eisfeldt, 2009. "Organization Capital and the Cross-Section of Expected Returns," 2009 Meeting Papers 671, Society for Economic Dynamics.
- Mortensen, Dale & Pissarides, Christopher, 2011.
"Job Creation and Job Destruction in the Theory of Unemployment,"
Ekonomicheskaya Politika / Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 1, pages 1-19.
- Dale T. Mortensen & Christopher A. Pissarides, 1994. "Job Creation and Job Destruction in the Theory of Unemployment," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 61(3), pages 397-415.
- Dale T. Mortensen & Christopher A. Pissarides, 1993. "Job Creation and Job Destruction in the Theory of Unemployment," CEP Discussion Papers dp0110, Centre for Economic Performance, LSE.
- Robert Shimer, 2005. "The Cyclical Behavior of Equilibrium Unemployment and Vacancies," American Economic Review, American Economic Association, vol. 95(1), pages 25-49, March.
- Lars-Alexander Kuehn & Mikhail Simutin & Jessie Jiaxu Wang, 2017. "A Labor Capital Asset Pricing Model," Journal of Finance, American Finance Association, vol. 72(5), pages 2131-2178, October.
- Shumway, Tyler, 1997. "The Delisting Bias in CRSP Data," Journal of Finance, American Finance Association, vol. 52(1), pages 327-340, March.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Ciao-Wei Chen & Laura Yue Li, 2023. "Is hiring fast a good sign? The informativeness of job vacancy duration for future firm profitability," Review of Accounting Studies, Springer, vol. 28(3), pages 1316-1353, September.
- Kohlbrecher, Britta & Merkl, Christian, 2022.
"Business cycle asymmetries and the labor market,"
Journal of Macroeconomics, Elsevier, vol. 73(C).
- Kohlbrecher, Britta & Merkl, Christian, 2016. "Business Cycle Asymmetries and the Labor Market," IZA Discussion Papers 9816, Institute of Labor Economics (IZA).
- Kohlbrecher, Britta & Merkl, Christian, 2016. "Business cycle asymmetries and the labor market," FAU Discussion Papers in Economics 01/2016, Friedrich-Alexander University Erlangen-Nuremberg, Institute for Economics.
- Britta Kohlbrecher & Christian Merkl, 2016. "Business Cycle Asymmetries and the Labor Market," CESifo Working Paper Series 5803, CESifo.
- Kohlbrecher, Britta & Merkl, Christian, 2022. "Business cycle asymmetries and the labor market," FAU Discussion Papers in Economics 03/2022, Friedrich-Alexander University Erlangen-Nuremberg, Institute for Economics.
- Merkl, Christian & Kohlbrecher, Britta, 2016. "Business Cycle Asymmetries and the Labor Market," VfS Annual Conference 2016 (Augsburg): Demographic Change 145704, Verein für Socialpolitik / German Economic Association.
- Tortorice, Daniel L., 2013.
"Endogenous separation, wage rigidity and the dynamics of unemployment,"
Journal of Macroeconomics, Elsevier, vol. 38(PB), pages 179-191.
- Daniel Tortorice, 2010. "Endogenous Separation, Wage Rigidity and the Dynamics of Unemployment," Working Papers 07, Brandeis University, Department of Economics and International Business School.
- Ronald Wolthoff, 2010.
"Applications and Interviews: A Structural Analysis of Two-Sided Simultaneous Search,"
2010 Meeting Papers
114, Society for Economic Dynamics.
- Ronald P. Wolthoff, 2010. "Applications and Interviews: A Structural Analysis of Two-Sided Simultaneous Search," Working Papers tecipa-418, University of Toronto, Department of Economics.
- Ronald P. Wolthoff, 2011. "Applications and Interviews - A Structural Analysis of Two-Sided Simultaneous Search," CESifo Working Paper Series 3317, CESifo.
- Wolthoff, Ronald P., 2010. "Applications and Interviews: A Structural Analysis of Two-Sided Simultaneous Search," IZA Discussion Papers 5416, Institute of Labor Economics (IZA).
- Wolthoff, Ronald P., 2011. "Applications and Interviews. A Structural Analysis of Two-Sided Simultaneous Search," Economy and Society 119114, Fondazione Eni Enrico Mattei (FEEM).
- Ronald P. Wolthoff, 2011. "Applications and Interviews. A Structural Analysis of Two-Sided Simultaneous Search," Working Papers 2011.86, Fondazione Eni Enrico Mattei.
- Robert E. Hall & Marianna Kudlyak, 2022.
"Why Has the US Economy Recovered So Consistently from Every Recession in the Past 70 Years?,"
NBER Macroeconomics Annual, University of Chicago Press, vol. 36(1), pages 1-55.
- Robert E. Hall & Marianna Kudlyak, 2021. "Why Has the US Economy Recovered So Consistently from Every Recession in the Past 70 Years?," NBER Chapters, in: NBER Macroeconomics Annual 2021, volume 36, pages 1-55, National Bureau of Economic Research, Inc.
- Robert E. Hall & Marianna Kudlyak, 2020. "Why Has the US Economy Recovered So Consistently from Every Recession in the Past 70 Years?," NBER Working Papers 27234, National Bureau of Economic Research, Inc.
- Robert E. Hall & Marianna Kudlyak, 2020. "Why Has the US Economy Recovered So Consistently from Every Recession in the Past 70 Years?," Working Paper Series 2020-20, Federal Reserve Bank of San Francisco.
- Kudlyak, Marianna & Hall, Robert, 2021. "Why Has the US Economy Recovered So Consistently from Every Recession in the Past 70 Years?," CEPR Discussion Papers 15954, C.E.P.R. Discussion Papers.
- Robert E. Hall & Marianna Kudlyak, 2020. "Why Has the US Economy Recovered So Consistently from Every Recession in the Past 70 Years?," Working Paper Series 20, Federal Reserve Bank of San Francisco.
- Bae, Jaewan & Kang, Jangkoo, 2023. "Human capital quality and stock returns," Journal of Banking & Finance, Elsevier, vol. 152(C).
- Jonathon Hazell & Bledi Taska, 2020. "Downward Rigidity in the Wage for New Hires," Discussion Papers 2028, Centre for Macroeconomics (CFM).
- Paolo Martellini & Guido Menzio, 2020.
"Declining Search Frictions, Unemployment, and Growth,"
Journal of Political Economy, University of Chicago Press, vol. 128(12), pages 4387-4437.
- Paolo Martellini & Guido Menzio, 2018. "Declining Search Frictions, Unemployment and Growth," NBER Working Papers 24518, National Bureau of Economic Research, Inc.
- Paolo Martellini & Guido Menzio, 2018. "Declining Search Frictions, Unemployment and Growth," PIER Working Paper Archive 18-005, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 09 Apr 2018.
- Venky Venkateswaran, 2011.
"Heterogeneous Information and Labor Market Fluctuations,"
2011 Meeting Papers
1292, Society for Economic Dynamics.
- Venky Venkateswaran, 2015. "Heterogeneous Information and Labor Market Fluctuations," Working Papers 15-11, New York University, Leonard N. Stern School of Business, Department of Economics.
- Shigeru Fujita & Makoto Nakajima, 2016.
"Worker Flows and Job Flows: A Quantitative Investigation,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 22, pages 1-20, October.
- Shigeru Fujita & Makoto Nakajima, 2009. "Worker flows and job flows: a quantitative investigation," Working Papers 09-33, Federal Reserve Bank of Philadelphia.
- Shigeru Fujita & Makoto Nakajima, 2013. "Worker flows and job flows: a quantitative investigation," Working Papers 13-09, Federal Reserve Bank of Philadelphia.
- Shigeru Fujita & Makoto Nakajima, 2016. "Worker flows and job flows: a quantitative investigation," Working Papers 16-3, Federal Reserve Bank of Philadelphia.
- Lochner, Benjamin & Merkl, Christian & Stüber, Heiko & Gürtzgen, Nicole, 2021.
"Recruiting intensity and hiring practices: Cross-sectional and time-series evidence,"
Labour Economics, Elsevier, vol. 68(C).
- Benjamin Lochner & Christian Merkl & Heiko Stüber & Nicole Guertzgen, 2020. "Recruiting Intensity and Hiring Practices: Cross-Sectional and Time-Series Evidence," CESifo Working Paper Series 8684, CESifo.
- Lochner, Benjamin & Merkl, Christian & Stüber, Heiko & Gürtzgen, Nicole, 2020. "Recruiting Intensity and Hiring Practices: Cross-Sectional and Time-Series Evidence," IZA Discussion Papers 13678, Institute of Labor Economics (IZA).
- Lochner, Benjamin & Merkl, Christian & Stüber, Heiko & Gürtzgen, Nicole, 2020. "Recruiting Intensity and Hiring Practices: Cross-Sectional and Time-Series Evidence," VfS Annual Conference 2020 (Virtual Conference): Gender Economics 224559, Verein für Socialpolitik / German Economic Association.
- Philip Jung & Moritz Kuhn, 2019.
"Earnings Losses and Labor Mobility Over the Life Cycle,"
Journal of the European Economic Association, European Economic Association, vol. 17(3), pages 678-724.
- Jung, Philip & Kuhn, Moritz, 2012. "Earnings losses and labor mobility over the life-cycle," MPRA Paper 40287, University Library of Munich, Germany.
- Kuhn, Moritz & Jung, Philip, 2016. "Earnings losses and labor mobility over the lifecycle," CEPR Discussion Papers 11572, C.E.P.R. Discussion Papers.
- Philip Jung & Moritz Kuhn, 2017. "Earnings Losses and Labor Mobility Over the Life Cycle," CESifo Working Paper Series 6552, CESifo.
- Philip Jung, 2013. "Earnings losses and labor mobility over the lifecycle," 2013 Meeting Papers 771, Society for Economic Dynamics.
- Jung, Philip & Kuhn, Moritz, 2012. "Earnings Losses and Labor Mobility over the Lifecycle," IZA Discussion Papers 6835, Institute of Labor Economics (IZA).
- Sanjay K. Chugh & Christian Merkl, 2016.
"Efficiency And Labor Market Dynamics In A Model Of Labor Selection,"
International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 57(4), pages 1371-1404, November.
- Chugh, Sanjay K. & Merkl, Christian, 2011. "Efficiency and labor market dynamics in a model of labor selection," Kiel Working Papers 1684, Kiel Institute for the World Economy (IfW Kiel).
- Chugh, Sanjay K. & Merkl, Christian, 2015. "Efficiency and Labor Market Dynamics in a Model of Labor Selection," IZA Discussion Papers 9291, Institute of Labor Economics (IZA).
- Sanjay K. Chugh & Christian Merkl, 2013. "Efficiency and Labor Market Dynamics in a Model of Labor Selection," Boston College Working Papers in Economics 846, Boston College Department of Economics.
- Sanjay K. Chugh & Christian Merkl, 2015. "Efficiency and Labor Market Dynamics in a Model of Labor Selection," CESifo Working Paper Series 5474, CESifo.
- Christian Merkl & Sanjay K. Chugh, 2011. "Efficiency and Labor Market Dynamics in a Model of Labor Selection," 2011 Meeting Papers 824, Society for Economic Dynamics.
- Geertsema, Paul & Lu, Helen, 2020. "The correlation structure of anomaly strategies," Journal of Banking & Finance, Elsevier, vol. 119(C).
- Richard K. Crump & Stefano Eusepi & Marc Giannoni & Aysegul Sahin, 2019.
"A Unified Approach to Measuring u,"
Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 50(1 (Spring), pages 143-238.
- Giannoni, Marc & Crump, Richard K. & Eusepi, Stefano & Sahin, Aysegul, 2019. "A Unified Approach to Measuring u," CEPR Discussion Papers 13939, C.E.P.R. Discussion Papers.
- Richard K. Crump & Stefano Eusepi & Marc Giannoni & Ayşegül Şahin, 2019. "A unified approach to measuring u," Staff Reports 889, Federal Reserve Bank of New York.
- Richard K. Crump & Stefano Eusepi & Marc Giannoni & Ayşegül Şahin, 2019. "A Unified Approach to Measuring u," NBER Working Papers 25930, National Bureau of Economic Research, Inc.
- Di Pace, Federico & Villa, Stefania, 2016. "Factor complementarity and labour market dynamics," European Economic Review, Elsevier, vol. 82(C), pages 70-112.
- Andreas I Mueller & Damian Osterwalder & Josef Zweimüller & Andreas Kettemann, 2024.
"Vacancy Durations and Entry Wages: Evidence from Linked Vacancy–Employer–Employee Data,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 91(3), pages 1807-1841.
- Andreas Kettemann & Andreas I. Mueller & Josef Zweimüller, 2018. "Vacancy durations and entry wages: evidence from linked vacancy-employer-employee data," ECON - Working Papers 312, Department of Economics - University of Zurich.
- Andreas Kettemann & Andreas I. Mueller & Josef Zweimüller, 2018. "Vacancy Durations and Entry Wages: Evidence from Linked Vacancy-Employer-Employee Data," CESifo Working Paper Series 7351, CESifo.
- Kettemann, Andreas & Mueller, Andreas I. & Zweimüller, Josef, 2018. "Vacancy Durations and Entry Wages: Evidence from Linked Vacancy-Employer-Employee Data," IZA Discussion Papers 11852, Institute of Labor Economics (IZA).
- Andreas I. Mueller & Damian Osterwalder & Josef Zweimüller & Andreas Kettemann, 2018. "Vacancy Durations and Entry Wages: Evidence from Linked Vacancy-Employer-Employee Data," NBER Working Papers 25118, National Bureau of Economic Research, Inc.
- Zweimüller, Josef & Kettemann, Andreas & Mueller, Andreas, 2018. "Vacancy Durations and Entry Wages: Evidence from Linked Vacancy-Employer-Employee Data," CEPR Discussion Papers 13249, C.E.P.R. Discussion Papers.
- Bachmann, Rüdiger & Bayer, Christian & Merkl, Christian & Seth, Stefan & Stüber, Heiko & Wellschmied, Felix, 2021.
"Worker churn in the cross section and over time: New evidence from Germany,"
Journal of Monetary Economics, Elsevier, vol. 117(C), pages 781-797.
- Ruediger Bachmann & Christian Bayer & Christian Merkl & Stefan Seth & Heiko Stüber & Felix Wellschmied, 2017. "Worker Churn in the Cross Section and Over Time: New Evidence from Germany," CESifo Working Paper Series 6702, CESifo.
- Bachmann, Rüdiger & Bayer, Christian & Merkl, Christian & Seth, Stefan & Stüber, Heiko & Wellschmied, Felix, 2017. "Worker Churn in the Cross Section and Over Time: New Evidence from Germany," CEPR Discussion Papers 12343, C.E.P.R. Discussion Papers.
- Branch, William A. & Petrosky-Nadeau, Nicolas & Rocheteau, Guillaume, 2016.
"Financial frictions, the housing market, and unemployment,"
Journal of Economic Theory, Elsevier, vol. 164(C), pages 101-135.
- William A. Branch & Nicolas Petrosky-Nadeau & Guillaume Rocheteau, 2014. "Financial Frictions, the Housing Market, and Unemployment," Working Paper Series 2014-26, Federal Reserve Bank of San Francisco.
- Nicolas Petrosky-Nadeau, 2015. "Financial Frictions, the Housing Market, and Unemployment," 2015 Meeting Papers 892, Society for Economic Dynamics.
- Edouard Challe & Xavier Ragot, 2016.
"Precautionary Saving Over the Business Cycle,"
Economic Journal, Royal Economic Society, vol. 126(590), pages 135-164, February.
- Xavier Ragot & Edouard Challe, 2011. "Precautionary Saving over the Business Cycle," 2011 Meeting Papers 517, Society for Economic Dynamics.
- Edouard Challe & Xavier Ragot, 2016. "Precautionary Saving Over the Business Cycle," Post-Print halshs-01313771, HAL.
- Edouard Challe & Xavier Ragot, 2016. "Precautionary Saving Over the Business Cycle," PSE-Ecole d'économie de Paris (Postprint) halshs-01313771, HAL.
- Edouard Challe & Xavier Ragot, 2016. "Precautionary Saving Over the Business Cycle," SciencePo Working papers Main halshs-01313771, HAL.
- Edouard Challe & Xavier Ragot, 2013. "Precautionary Saving over the Business Cycle," Working Papers hal-00843150, HAL.
- Ragot, Xavier & CHALLE, Edouard, 2013. "Precautionary Saving over the Business Cycle," CEPR Discussion Papers 9608, C.E.P.R. Discussion Papers.
- Edouard Challe & Xavier Ragot, 2013. "Precautionary Saving over the Business Cycle," PSE Working Papers hal-00843150, HAL.
More about this item
Keywords
Aggregate recruiting intensity; Stock returns; Labor market;All these keywords.
JEL classification:
- G12 - Financial Economics - - General Financial Markets - - - Asset Pricing; Trading Volume; Bond Interest Rates
- J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:finlet:v:48:y:2022:i:c:s1544612322002070. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/frl .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.