Earnings differences are a recurring topic of public discussion in Germany. Data from the long-term Socio-Economic Panel (SOEP) study as well as a separate survey of German employees (LINOS) show that earnings inequalities are generally perceived as fair while a substantial share of the...

With the continuing phenomena of earnings restatements and the extensive use of earnings as a component of forecasting future operating performance, it is important to determine if such restatements fundamentally alter the predictive ability of firms' earnings. This paper investigates whether...