What We’re Reading


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My estimates suggest that a Norwegian analyst is 8.4 %-points more likely to assign a buy rating to a Danish firm than an Austrian analyst. Similarly, a Norwegian analyst is 6.7 %-points more likely to assign a buy-recommendation to a British firm than a French analyst.

Canadian growth and immigration:

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Purdue tuition frozen since 2013:

Increased enrollment since the freeze has brought in an extra $100 million, reckons Chris Ruhl, the university’s treasurer and chief financial officer. The benefits of the improved balance sheet can be seen across campus. According to the university’s figures, Purdue’s full-time faculty at all levels has increased, resulting in a student-teacher ratio of 13 to 1, compared with the Big Ten average of more than 15 to 1. Faculty pay is up too. The salary of a full-time professor at Purdue has increased by 12 percent over the past five years, against a conference-average increase of 7 percent.

Boring companies win:

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Have a good weekend.