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Social and Behavioral Sciences Commons™
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Full-Text Articles in Social and Behavioral Sciences
Firm And Industry Effects In Accounting Versus Economic Profit Data, Matthew J. Holian, Ali M. Reza
Firm And Industry Effects In Accounting Versus Economic Profit Data, Matthew J. Holian, Ali M. Reza
Matthew J. Holian
This article presents estimates of firm and industry fixed-effects on profit rates for large US corporations, using both Economic Value Added (EVA), the popular measure of profits produced by Stern Stewart and Company, as well as simple (unadjusted) accounting measures as the dependent variable. We find that the improvement in explanatory power of the fixed-effect model is substantially greater when using EVA than has been documented with alternative measures.
Using Drew Carey In The Classroom, Matthew J. Holian
Using Drew Carey In The Classroom, Matthew J. Holian
Matthew J. Holian
This teaching note describes how to use Drew Carey’s short public policy documentaries in the classroom, and as part of a writing assignment for an introductory microeconomics class. Students are challenged to identify the core microeconomic concepts that are relevant to real-world policy matters, including healthcare, immigration and jobs.