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Prior research finds that taxable income is a more useful performance metric when book income quality is low (i.e., the “supplemental information role of taxable income”). We predict and find that taxable income's supplemental information role for future earnings growth increases over time...
Persistent link: https://www.econbiz.de/10012904690
Prior research establishes that boards of directors can encourage risk-averse managers to take risky actions by providing stock options and severance pay. We demonstrate that the ability of these incentives to encourage risk-taking hinges on the level of uncertainty facing the manager, and that...
Persistent link: https://www.econbiz.de/10013244475
As the global crisis hit developing Asia, several countries instituted fiscal stimulus measures to create domestic demand. With the region returning to normal times, in this paper we draw lessons using historical data from 10 developing Asian countries to examine if countercyclical fiscal policy...
Persistent link: https://www.econbiz.de/10013137880
The paper presents a modification of the matching and difference-in-differences approach of Heckman et al. (1998) for the staggered treatment adoption design and a Stata tool that implements the approach. This flexible conditional difference-in-differences approach is particularly useful for...
Persistent link: https://www.econbiz.de/10012823265
Revenue generation is an important goal of tax reform. The built-in responsiveness of revenues to changes in income, tax elasticity, provides very critical information for tax policy formulation. This paper utilises a time series approach to empirically estimate tax elasticities for India for...
Persistent link: https://www.econbiz.de/10014157868
The first two chapters of this thesis propose new time-series methods and apply them to macroeconomic problems, while the third chapter evaluates the predictions of a dynamic general equilibrium model. The first chapter develops a practical log-linear aggregation procedure, which is applied to...
Persistent link: https://www.econbiz.de/10014078925
behaviors in any given situation. This work presents several scalable frameworks for modeling and forecasting agent behavior …, particularly in the realm of international security dynamics. A probabilistic logic formalism for modeling and forecasting behavior … of this problem, forecasting methods are also introduced that operate directly on time series data, rather than an …
Persistent link: https://www.econbiz.de/10009450648
of multi-channel customer contact, organizational decision-makers often rely on robust but simplistic forecasting methods …. Although forecasting literature indicates that incorporating additional information into time series predictions adds value by … for call center arrivals' forecasting that is able to capture the dynamics of a time series and to include contextual …
Persistent link: https://www.econbiz.de/10014501665
Persistent link: https://www.econbiz.de/10008668600