Inference with Dependent Data in Accounting and Finance Applications
نویسندگان
چکیده
منابع مشابه
Shock-Based Causal Inference in Corporate Finance and Accounting Research
We study shock-based methods for credible causal inference in corporate finance research. We focus on corporate governance research, survey 13,461 papers published between 2001 and 2011 in 22 major accounting, economics, finance, law, and management journals; and identify 863 empirical studies in which corporate governance is associated with firm value or other characteristics. We classify the ...
متن کاملExtreme Quantile Estimation for Dependent Data with Applications to Finance
The asymptotic normality of a class of estimators for extreme quantiles is established under mild structural conditions on the observed stationary β–mixing time series. Consistent estimators of the asymptotic variance are introduced, which render possible the construction of asymptotic confidence intervals for the extreme quantiles. Moreover, it is shown that many well-known time series models ...
متن کاملApplications of game theory in finance and managerial accounting
Game theory has been applied during the last two decades to an ever increasing number of important practical problems in economics, industrial organization, business strategy, finance, accounting, market design and marketing; including antitrust analyses, monetary policy, and firm restructuring. In this paper we give insight into the growing role of game theory, and particularly of the principa...
متن کاملValue Creation from Expert Systems: an Economic Approach with Applications in Accounting, Auditing and Finance
The purpose of this paper is to explore some of the value creation processes associated with expert systems. The paper employs a number of different applications of economics to explore the issues. Cost-benefit analysis, based in microeconomics and the economics of defense and government, is used to provide a basic measure of value. Contributions of value for expert systems are explored: econom...
متن کاملDiscussion Papers in Accounting and Finance
This paper investigates the relationship between real earnings growth, real dividend growth, the dividend payout ratio and real stock returns in the US and UK between 1900-2001. We find a positive relationship in the UK between the payout ratio and subsequent real earnings growth contrary to conventional theory, though consistent with the US evidence presented by Arnott and Asness (2003). By co...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Journal of Accounting Research
سال: 2018
ISSN: 0021-8456,1475-679X
DOI: 10.1111/1475-679x.12219