In this paper, we present the results from a field experiment in the Netherlands in which single mothers on welfare were stimulated to find a job. Two policy instruments were introduced: an earnings disregard and job creation. The experiment was performed at the level of municipalities. In our analysis we make a distinction between native and immigrant welfare recipients. For immigrant single m...

Self-Esteem and Earnings Recent research in economics suggests a positive association between self-esteem and earnings. A major problem in this literature is that from simple cross-sectional wage regressions it is not possible to conclude that self-esteem has a causal impact on earnings. While classical measurement error leads to an attenuation bias, reverse causality and omitted variable are l...

Abstract We propose the visual attention hypothesis that visuals in firm earnings announcements increase to news. find firms’ Twitter are associated with more retweets, consistent greater user engagement have visuals. This result holds for tweets sent by same and on day firm-level tweet-level analyses. Consistent managerial opportunism, firms likely use their when performance is good but less p...

This research aims to determine the impact of sustainability reports on Earnings Quality and Response Coefficient (ERC). The dependent variable was (ERC) independent used in this report. population were banking companies listed Indonesian Stock Exchange dan Shanghai for period 2020. sample 56 companies. analysis technique Partial Least Square (PLS). Data analyzed by SmartPLS program version 3. ...

This study aims to determine the effect of Company Ownership Structure on Profit Informative with Earnings Opacity as an intervening variable. The company's ownership structure is measured by looking at percentage controlling shareholders above 50%. informativeness earnings response coefficient (ERC). Meanwhile, opacity proxied smoothing using Eckel index. research population includes manufactu...

Increasing income and wealth inequality has led to renewed interest in understanding and explaining wealth and income distributions, and in particular the recent growth in their top shares (Piketty, 2014). The literature has largely emphasized the role of earnings inequality in explaining wealth inequality. Indeed, Bewley-Aiyagari economies, which focus on precautionary savings as an optimal re...

We link information on the current earnings of college graduates from many cohorts to their highschool records, their detailed college records and their demographics to infer the impact of college major on earnings. We develop an estimator to handle the potential for non-response bias and identify non-response using an affinity measure – the potential respondent’s link to the organization condu...