The purpose of this study is to obtain empirical evidence, examine and explain the effect companies that implement income smoothing towards market response, with voluntary disclosure as moderating variables. This uses secondary data 143 manufacturing go public in BEI (Indonesian Stock Exchange) during 2011-2015. research variables include an independent variable, response proxies by Earnings Re...

In this paper, I analyze intergenerational mobility of immigrants and natives in Germany. Using the German Socioeconomic Panel (GSOEP), I find intergenerational elasticities that range from 0.19 to 0.26 for natives and from 0.37 to 0.40 for immigrants. These elasticity estimates are lower than typically found for the U.S. and imply higher mobility in Germany than in the U.S. However, as in the ...

Previous literature studying analysts’ earnings forecasts examines their properties without considering firms’ response to analysts’ forecasts. This study improves upon previous research by considering firms’ earnings management with respect to analysts’ forecasts. I hypothesize that analysts understand firms’ earnings management practices, and incorporate firms’ expected behavior into their fo...

This study aims to analyze the effect of sustainability report disclosure on informativeness accounting earnings with foreign ownership as a moderating variable. The which is dependent variable in this research measured by Earning Response Coefficient (ERC) value. Sustainability independent SRDI value, namely index based GRI G4 for sample companies 2016 observation year and 2017-2019 using Stan...

The singular focus of public debate on the "top 1 percent" of households overlooks the component of earnings inequality that is arguably most consequential for the "other 99 percent" of citizens: the dramatic growth in the wage premium associated with higher education and cognitive ability. This Review documents the central role of both the supply and demand for skills in shaping inequality, di...

As women's labor-force participation and earnings have grown, so has the likelihood that wives outearn their husbands. A common concern is that these couples may be at heightened risk of divorce. Yet with the rise of egalitarian marriage, wives' relative earnings may be more weakly associated with divorce than in the past. We examine trends in the association between wives' relative earnings an...

Increases in the association between spouses' earnings have the potential to increase inequality as marriages increasingly consist of two high-earning or two low-earning partners. This article uses log-linear models and data from the March Current Population Survey to describe trends in the association between spouses' earnings and estimate their contribution to growing earnings inequality amon...

Using combined experimental and survey data, this paper provides empirical evidence that firm productivity is related to worker’s pro-social behavior in the workplace. At the firm level, we find a strong positive relationship between firm productivity and reciprocating behavior among workers. Investigating workers’ individual behavior we find a similar, strong relationship when regressing earni...

Earnings nonresponse is currently about 30% in the CPS-ORG and 20% in the March CPS. Census imputes missing earnings by assigning nonrespondents the reported earnings of matched donors. Even if nonresponse is random, in a wage equation there exists severe “match bias” on coefficients attached to non-match imputation attributes (union status, industry, foreign-born, etc.) and imperfectly matched...

In this paper I focus on the effect of informal networks on individuals’ job search and earnings. In the empirical analysis, conducted on data drawn from the 1991 and 1993 Bank of Italy Survey of Household Income and Wealth, I show that while seeking work through informal networks (referrals by friends, relatives, or acquaintances to potential employers) increases the probability of receiving j...