We add to the debate about whether models of earnings dynamics should allow for unobservable heterogeneity in expected … earnings growth rates by examining implications for a statistic originally proposed to estimate the variance of persistent … earnings shocks. While that statistic is unbiased under a common specification, we derive biases that would arise under …

seeks to investigate the impact of corruption on the quality of earnings. The sample comprises 846 firm-years listed on the … Indonesian Stock Exchange. Earnings quality encompasses factors such as earnings persistence, earnings value relevance, and … earnings predictability. Corruption is gauged by the corruption per capita in the region where the firms are headquartered. The …

We predict earnings for forecast horizons of up to five years by using the entire set of Compustat financial statement … statement variables, especially different definitions of earnings, are by far the most important predictors. Conversely, we find …

penalty'-defined as the effect of having children on mothers' labor earnings relative to their partners'-documented in many … affiliation, particularly those belonging to the Catholic majority, experience substantially larger earnings losses following …

penalty'-defined as the effect of having children on mothers' labor earnings relative to their partners'-documented in many … affiliation, particularly those belonging to the Catholic majority, experience substantially larger earnings losses following …