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We discuss recent developments in the literature that studies how the dynamics of earnings and wages a§ect consumption choices over the life cycle. We start by analyzing the theoretical impact of in...
This study uses survey data collected from five large cities in China to describe and decompose the earnings difference between female and male workers. The results indicate that the main source of lo...
Examining corporate investment in low-income housing tax credits reveals that firms are willing to incur costs in order to manage the income statement classification of an expense. Accounting rules al...
This study examines whether the market reacts more strongly to earnings forecast revisions when financial analysts supplement their earnings forecasts with sales forecasts. I find that earnings foreca...
We examine the role of investor attention in explaining the profitability of price and earnings momentum strategies. Using trading volume and market state to measure cross-sectional and time-serie...
AbstractThis paper estimates earnings differentials between state and non-state sectors for Chinese urban residents in 1996 by taking into account differences in non-wage benefits. Household survey da...
The paper testes the relationship between audit opinions and financial sensitive zones and accounts on the basis of the data of A-share companies in China. The author finds that when ROE of listed com...
Nowadays, earnings management is a hot issue, but most of the researches focus on the incentives of earnings management and few of them refer to the effect of audit quality on earnings management. In ...
We study the effect of accounting reforms on the quality of accounting information after the 1997 financial crisis in Korea. Using observations of accounting earnings and stock returns over the past 2...
We examine securityanalysts’career concerns byrelating their earnings forecasts to job separations. Relativelyaccurate forecasters are more likelyto experience favorable career outcomes like moving up...
Several theories of reputation and herd behavior (e.g., Scharfstein and Stein (1990),and Zwiebel (1995)) suggest that herding among agents should vary with career concerns. Our goal is to document whe...

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