本页提供题录、可核实摘要与阅读线索。AI 解读未完成全文核验,可能有误;具体假设、证明和结论请核对原文。仅依据书目生成的内容属于阅读导航,不是对论文结论的确认。
摘要保留来源文本,未经模型改写。材料不足时保留待解读状态;引用采用 OpenAlex 单条关联记录,不合计版本,缺失不视为零,也不代表论文质量。
正在核对对应版本的资源…
We examine security analysts' career concerns by relating their earnings forecasts to job separations. Relatively accurate forecasters are more likely to experience favorable career outcomes like moving up to a high‐status brokerage house. Controlling for accuracy, analysts who are optimistic relative to the consensus are more likely to experience favorable job separations. For analysts who cover stocks underwritten by their houses, job separations depend less on accuracy and more on optimism. Job separations were less sensitive to accuracy and more sensitive to optimism during the recent stock market mania. Brokerage houses apparently reward optimistic analysts who promote stocks.