A large body of accounting research in the past has documented the existence of conservatism and timeliness of income recognition as distinct factors which affect the returns-earnings relation. However, earnings are not the only measure of financial performance that is affected by conservatism. The aim of this paper is to examine the impact of conservatism on accrual measures and drivers, in th...

The Australian age pension is noncontributory, funded through general tax revenues and means tested against pensioners’ private resources, including labor earnings. This paper constructs an overlapping generations (OLG) model of the Australian economy to examine the economy-wide implications of several counterfactual experiments in the means testing of the age pension. These experiments include...

The methods underpinning the UK’s annual structural earnings survey – the New Earnings Survey (NES) – have remained largely unchanged since the survey’s inception in 1970. A recent major review of earnings statistics in the UK, along with gradual changes in the labour market in recent years have led to a re-design of the NES. This paper describes some of the shortcomings of the NES and then pre...

Abstract The purpose of this paper is to examine the effect board directors’ related clauses such as independence, female director, CEO Duality and expertise director included in Code Corporate Governance 2017 (CCG-2017) on earnings management with pre- post-CCG-2017 analysis. This study has used sample 323 non-financial listed firms Pakistan Stock Exchange from 2015 2019. Data were manually co...

This paper investigates the link between the incomes and wealth of pensioners and their working-life earnings levels. The proportionality predicted by a simple form of the life-cycle model is supported for pensioner couples and male single pensioners, but not for female single pensioners. In all cases working-life earnings level is found to have a strong influence on pensioner poverty. Pensione...

Married men's wage premium is often attributed to within-household specialization: men can devote more effort to wage-earning when their wives assume responsibility for household labor. We provide a comprehensive evaluation of the specialization hypothesis, arguing that, if specialization causes the male marriage premium, married women should experience wage losses. Furthermore, specialization ...

Social security reform is a hot topic in many countries around the world, allowing benefits from cross-country perspectives. The ongoing reform in Sweden has many good features, particularly the change to basing pension benefits on the entire history of earnings of a worker, rather than the old reliance on earnings levels in just 15 years. Naturally, this essay focuses on features that may not ...

This paper examines the effect of workers' compensation on time out of work. It introduces a "natural experiment8 approach of comparing individuals injured before and after increases in the maximum weekly benefit amount. The increases examined in Kentucky and Michigan raised the benefit amount for high-earnings individuals by approximately 50 percent, while low-earnings individuals, who were ...

Earnings and Occupational Attainment: Immigrants and the Native Born This paper examines the determinants of occupational attainment and the impact of occupation on earnings. Results for both the native born and foreign born are presented, and these provide insights as to the earnings penalties associated with the less-than-perfect international transferability of human capital skills. It shows...