The main objective of this study was to investigate the effect of income smoothing on investors reaction to Earnings Persistence of companies listed on the Stock Exchange in Tehran. The population of the study was companies listed on the Stock Exchange in Tehran, the sample size due to screening method and after removing outliers is equal to 118 companies. In this study, earnings persistence an...

Building on evidence of increasing inequality with the 2008-9 recession, we ask whether households experienced different financial trajectories through the recession depending on initial income and net worth. Using growth curve models of households headed by young adults in the Panel Study of Income Dynamics, we compare the relationship between initial income and net worth and the rate of chang...

Death statutes in the United States list elements of loss for which a defendent must make compensatory payment. The element that economists as expert witnesses are called upon to calculate is net income, roughly deÞned as the decedent’s income minus personal expenses. The existence of joint or shared consumption goods complicates the deÞnition and calculation of net income. Net income can be in...

The objective of this paper is to present an empirical measure of economic welfare, hereafter called "economic position," which integrates, current money income and current net worth. We apply the resulting measure illustratively, comparing some of its results with those of the income measure. Subsequently, some of the implications of our measure are explored. The proposed measure rests on the ...

Recognition of byproducts and their exploiting economic evaluation is one of basic requirements in documenting prospect of rangelands utilization. In this regard, the present study was performed to estimate the economic indices of exploiting byproducts production in Varnasa rangelands, Naghadeh, Iran. For this purpose, the economic data for calculating economic indices were collected after samp...