Supreme Court decisions on reproductive rights and affirmative action inadvertently afford the nursing profession a propitious opportunity to capitalize on the nation’s rich mosaic of iceberg demographic identities—inherited and acquired traits that may not be visibly apparent—to address pressing worker shortages and other workplace conundrums.
In online service marketplaces, supply-side thickness - the number of providers - is widely believed to be crucial for facilitating matches, i.e., transactions between providers and customers. The empirical literature generally supports this view, providing evidence for the hypothesis that market thickness increases matches, albeit at varying rates. This support is typically obtained in contexts with a passive seller listing where all sellers are readily listed for customers. Distinctively, our study empirically examines an online marketplace where providers are active, meaning they must take an action to be listed.
We find analysts convey information about a firm’s earnings without fully revising their earnings forecast by increasing bundling intensity, which is the extent to which an analyst report that has an earnings forecast revision includes also price target and/or recommendation revisions with the same sign as the earnings forecast revision. We develop a firm-level measure of bundling intensity, BF_Score, and find it is an economically meaningful predictor of analyst-based earnings surprises.