Finance and investment experts note a disturbing pattern in US equity markets: a sharp drop in the number of companies that trade on stock exchanges, along with fewer initial public offerings from new firms. Financial scholar René M. Stulz examines the curious dynamic of diminished company association with US public capital markets. getAbstract suggests this astute report to investors, executives and financial services professionals for its exploration of a stock market puzzle.
Technology, globalization, demographics and the rise of the gig economy are just a few of the factors that have changed the US labor market. Professor David H. Autor examines the current American job environment in this eye-opening report. He assesses why real wage growth for the non-college-educated employee has shrunk dramatically, while college-educated workers have seen pay increases. Labor specialists and hiring managers will appreciate this insightful study for its thorough appraisal of wage inequality, labor market conditions and US work dynamics.