Reconciling the Return Predictability Evidence
收藏NBER2006-03-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w12109
下载链接
链接失效反馈官方服务：
资源简介：
Evidence of stock return predictability by financial ratios is still controversial, as documented by inconsistent results for in-sample and out-of-sample regressions and by substantial parameter instability. This paper shows that these seemingly incompatible results can be reconciled if the
提供机构：
美国国家经济研究局创建时间：
2006-03-01
