New Evidence for the Present-Value Model of Stock Prices: Why the REH Version Failed Empirically
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DOI: 10.2139/ssrn.2585690
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Cited by:
- Frydman, Roman & Goldberg, Michael D. & Mangee, Nicholas, 2015.
"Knightian uncertainty and stock-price movements: Why the REH present-value model failed empirically,"
Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 9, pages 1-50.
- Frydman, Roman & Goldberg, Michael D. & Mangee, Nicholas, 2015. "Knightian uncertainty and stock-price movements: Why the REH present-value model failed empirically," Economics Discussion Papers 2015-38, Kiel Institute for the World Economy (IfW Kiel).
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More about this item
JEL classification:
- E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
- G12 - Financial Economics - - General Financial Markets - - - Asset Pricing; Trading Volume; Bond Interest Rates
- G14 - Financial Economics - - General Financial Markets - - - Information and Market Efficiency; Event Studies; Insider Trading
NEP fields
This paper has been announced in the following NEP Reports:- NEP-MAC-2016-05-21 (Macroeconomics)
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