Does Inflation Affect Earnings Relevance? A Century-Long Analysis
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下载链接：
https://www.nber.org/papers/w32364
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资源简介：
Financial reports present assets, liabilities, and earnings on a nominal basis (unadjusted for inflation). Using a novel dataset of nearly a century of financial reports, this paper examines whether and how inflation affects the relation between accounting earnings and stock market value, i.e.,
提供机构：
美国国家经济研究局
创建时间：
2024-04-01
