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999 _c199433
_d199433
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040 _aCO-BoUGC
_cCO-BoUGC
100 1 _aNallareddy, Suresh
_9177731
245 1 0 _aPredicting restatements in macroeconomic indicators using accounting information
_cSuresh Nallareddy & Maria Ogneva
300 _aPáginas 151 a la 182
520 3 _aEarnings growth dispersion contains information about trends in labor reallocation, unemployment change, and, ultimately, aggregate output. We find that initial macroeconomic estimates released by government statistical agencies do not fully incorporate this information. As a consequence, earnings growth dispersion predicts future restatements in nominal and real GDP growth (and unemployment change) both in the in-sample and out-of-sample tests. Further, when we adjust GDP estimates using the out-of-sample restatement predictions, we find statistically and economically significant effects for the monetary policy prescriptions (Taylor rule) and banking regulation (Basel III).
650 1 4 _991036
_aContabilidad
_vPublicaciones seriadas
690 _aGross Domestic Product (GDP)
_9177732
700 1 _aOgneva, Maria
_9177733
773 0 _082265
_9377626
_aThe accounting review 2017 V.92 No.2 (Mar)
_o0000002032282
_x0001-4826 (papel)
_h32 páginas
_nIncluye figuras, tablas, referencias bibliográficas y apéndices
942 _2ddc
_cART