Have employment reductions become good news for shareholders?
Subtitle: the effect of job loss announcements on stock prices, 1970-97
By: Henry S. Farber, Kevin F. Hallock.
Contributors: Hallock, Kevin F., 1969-; National Bureau of Economic Research.
Series: NBER working paper series -- working paper 7295; Working paper series (National Bureau of Economic Research) -- working paper no. 7295.
Publisher: National Bureau of Economic Research
Published: 1999
Place of publication: Cambridge, MA
Language: eng
Number of pages: 30
Subjects: Downsizing of organizations -- United States -- Psychological aspects.; Employees -- Dismissal of -- Economic aspects -- United States -- Mathematical models.; Stockholders -- United States -- Attitudes.; Stock exchanges -- Psychological aspects.; Stocks -- Prices -- United States -- Mathematical models.
Other titles: Effect of job loss announcements on stock prices, 1970-97
Notes: "August 1999."

JEL no. G14, J63.

Includes bibliographical references (p. 22-23)

Electronic access limited to Binghamton University faculty, staff and students for instructional and research purposes only.

Electronic version available via the Internet at the NBER World Wide Web site.