The economic determinants of the time series properties of earnings, sales, and cash flows from operations

An objective of both economic structural and accounting time-series literature has been to understand the economic factors driving the systematic properties of corporate earnings. The purpose of this dissertation is twofold: (1) to help explain why these research areas are unable to find the same economic factors consistently significant across studies within their respective disciplines; and (2) to investigate economic factors previously omitted in time-series research and the economic factors that have a substantive effect on corporate earnings.