Dividend policy of German firms: A panel data analysis of partial adjustment models

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Quantile cointegration in the autoregressive distributed-lag modeling framework (2015, methodology): “Alternatively, Andres et al. (2009) suggest using cash flow as an alternative measure of (permanent) earnings.”
The dividend-price ratio does predict dividend growth: International evidence (2009, unknown): “…regarding short-horizon dividend growth predictability.10 10That European rms dividend policy di¤ers from that of US rms is further supported by Andres et al. (2009) who show that in contrast to the US, German rms have more exible dividend policies as they are willing to cut dividends when…”
In Search of Robust Methods for Dynamic Panel Data Models in Empirical Corporate Finance (2015, unknown): “In the corporate payout literature, several studies have examined the degree of dividend smoothing by estimating Lintner's (1956) partial adjustment model (e.g., Brav et al., 2005; Skinner, 2008; Andres et al., 2009).”