Labour Relations and Asset Returns

By J. Danthine, J. Donaldson. 2002

229 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/20304c5411f9f131e17ad110fc4dbebf1b85b0e7

Citations in the corpus

• A parsimonious macroeconomic model for asset pricing (2009, unknown): “…in explaining these unconditional moments in the context of production economies,2 some 2Jermann (1998), Boldrin, Christiano, and Fisher (2001), Danthine and Donaldson (2002), Storesletten, Telmer, and Yaron (2007), and Uhlig (2006), among others. aspects of asset price dynamics have proved…”
• Labor and the Market Value of the Firm (2007, unknown): “Labor explicitly enters the picture whenever there are frictions in the labor market [see the discussion in Danthine and Donaldson (2002a)].”
• Asset Pricing in a Production Economy with Chew-Dekel Preferences (2007, unknown): “In particular, we refer to the work of Eberly (1997), who took advantage of the Global Vantage dataset, and Barnett and Sakellaris (1998) and Abel and Eberly (2002), who worked with Compustat data.”
• The cross-section of labor leverage and equity returns (2016, unknown): “3 The seminal labor leverage mechanism in Danthine and Donaldson (2002) is based on the existence of labor contracts that insure workers with limited market participation and that amplify cash flow risk to firm owners. Donangelo (2014) shows that labor mobility (i.e., the flexibility of workers to s”
• Risk Premiums and Macroeconomic Dynamics in a Heterogeneous Agent Model (2008, unknown): “…labor up to the point where their marginal rate of substitution between labor and consumption is equal to the spot wage, the second condition in (1).7 Finally, following Danthine and Donaldson (2002), we consider v to be a time-varying process, driven by exogenous shocks to the bargaining power.”