Does the information content of payout initiations and omissions influence firm risks?

DOI10.1016/J.JECONOM.2014.05.012MaRDI QIDQ473247zbMATH OpenOpenAlexFDO

Authors Henk von Eije, Abhinav Goyal, Cal B. Muckley

Publication date 24 November 2014

Published in Journal of Econometrics (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.jeconom.2014.05.012

zbMATH Keywords

dividendsidiosyncratic riskinitiationsomissionsrepurchasesself-selectionsystematic firm riskstotal risk

Mathematics Subject Classification ID

Statistical methods; risk measures (91G70)

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Cites work

• A specification test for the propensity score using its distribution conditional on participation
• Characterizing Selection Bias Using Experimental Data
• Common risk factors in the returns on stocks and bonds
• Large Sample Properties of Matching Estimators for Average Treatment Effects
• Matching As An Econometric Evaluation Estimator
• The central role of the propensity score in observational studies for causal effects

Describes a project that uses

Uses Software

• Stata
• PSMATCH2

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