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Labor Heterogeneity and Asset Prices: the Importance of Skilled Labor

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  • Xiaoji Lin

    (Ohio State University)

  • Frederico Belo

    (University of Minnesota and NBER)

Abstract

labor skills than in industries with lower labor skills.

Suggested Citation

  • Xiaoji Lin & Frederico Belo, 2014. "Labor Heterogeneity and Asset Prices: the Importance of Skilled Labor," 2014 Meeting Papers 1231, Society for Economic Dynamics.
  • Handle: RePEc:red:sed014:1231
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    Cited by:

    1. Marcelo Ochoa, 2013. "Volatility, labor heterogeneity and asset prices," Finance and Economics Discussion Series 2013-71, Board of Governors of the Federal Reserve System (U.S.).
    2. Sylvain, Serginio, 2014. "Does Human Capital Risk Explain The Value Premium Puzzle?," MPRA Paper 54551, University Library of Munich, Germany.
    3. Li Gu & Dayong Huang, 2017. "The Effect of the Growth in Labor Hours per Worker on Future Stock Returns, Hiring, and Profitability," Review of Finance, European Finance Association, vol. 21(6), pages 2249-2276.
    4. Jun Chen & Jamie Y. Tong & Wenming Wang & Feida Zhang, 2019. "The Economic Consequences of Labor Unionization: Evidence from Stock Price Crash Risk," Journal of Business Ethics, Springer, vol. 157(3), pages 775-796, July.
    5. Lu Zhang & Howard Kung & Hang Bai, 2013. ""Shooting" the CAPM," 2013 Meeting Papers 905, Society for Economic Dynamics.

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    More about this item

    JEL classification:

    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • E23 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Production
    • E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
    • G12 - Financial Economics - - General Financial Markets - - - Asset Pricing; Trading Volume; Bond Interest Rates

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