On the Time Series Measure of Conservatism: A Threshold Autoregressive Model
Frank Westermann (Universitat Osnabruck)
Riccardo Faini CEIS Seminars
Riccardo Faini CEIS Seminars
When
Friday, February 11, 2011 h. 12:00-14:00
Where
Aula D - Sala del Consiglio
Description
In this paper we try to develop a new measure of conservatism in accounting data. In a parallel policy paper, we address the question whether firms reporting according to international standards have been more conservative than firms reporting according to the German law ("Handelsgesetzbuch")