The cross-sectional return predictability of employment growth: A liquidity risk explanation

Employment growth (EG) is related to liquidity fundamentals of investment opportunities, firm health, and information environment and quality. This, in turn, implies that liquidity risk may play a role in explaining the relation between EG and stock returns. We find strong empirical evidence support...

Full description

Saved in:
Bibliographic Details
Main Authors: Weimin Liu, Di Luo, Seyoung Park, Huainan Zhao
Format: Default Article
Published: 2021
Subjects:
Banking, Finance and Investment
Labor hiring
Liquidity risk
Employment growth premium
Online Access:https://hdl.handle.net/2134/16775941.v1
Tags: Add Tag
No Tags, Be the first to tag this record!

Internet

https://hdl.handle.net/2134/16775941.v1

Similar Items