(ii) adding investment- based factors into standard factor regressions substantially reduces the magnitude of the accrual … anomaly. High accrual firms also have similar corporate governance and entrenchment indexes as low accrual firms. This … evidence suggests that the accrual anomaly is more likely to be driven by optimal investment than by investor overreaction to …

-CSR) literatures in accounting, economics, finance, and management. Based on a discussion of the fundamental economic forces at play …

We elaborate on the business cycle accounting method proposed by Chari, Kehoe, and McGrattan (2007), clear up some …

teacher effects are likely biased. After accounting for these biases, high-school algebra and English teachers have much …

This paper comprehensively reviews Accounting for Income Taxes (AFIT). The first half provides background and a primer …

across time and across the world. Growth accounting is the principal quantitative tool for understanding this phenomenon, and … for assessing the prospects for further increases in living standards. This paper sets out the general growth accounting …