No. 47-3, June 2009

Index

• Accounting Conservatism and the Efficiency of Debt Contracts
• Corporate Investments: Learning from Restatements
• Depreciation Rules and the Relation between Marginal and Historical Cost
• Incentive Contracting and Value Relevance of Earnings and Cash Flows
• Initial Evidence on the Role of Accounting Earnings in the Bond Market
• The Predictive Content of Aggregate Analyst Recommendations