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Do analysts' earnings forecasts incorporate information in prior stock price changes?

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Author Info
Abarbanell, Jeffery S.
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File URL: http://www.sciencedirect.com/science/article/B6V87-458WKT5-7/2/340c672a994d76b1c92e4753f39b7600
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Article provided by Elsevier in its journal Journal of Accounting and Economics.

Volume (Year): 14 (1991)
Issue (Month): 2 (June)
Pages: 147-165
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Handle: RePEc:eee:jaecon:v:14:y:1991:i:2:p:147-165

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  1. KENT D. DANIEL & David Hirshleifer & AVANIDHAR SUBRAHMANYAM, 2004. "A Theory of Overconfidence, Self-Attribution, and Security Market Under- and Over-reactions," Finance 0412006, EconWPA. [Downloadable!]
  2. François Dossou & Sandrine Lardic & Karine Michalon, 2008. "Can earnings forecasts be improved by taking into account the forecast bias?," Post-Print halshs-00365972_v1, HAL. [Downloadable!]
  3. François DOSSOU & Sandrine LARDIC & Karine MICHALON, 2008. "Can earnings forecasts be improved by taking into account the forecast bias?," Economics Bulletin, Economics Bulletin, vol. 7(11), pages 1-20. [Downloadable!]
  4. Julio Segura, 2004. "Competencia, disciplina de mercado y regulación en presencia de conflictos de interés en las empresas," Hacienda Pública Española, IEF, vol. 169(2), pages 135-170, June. [Downloadable!]
  5. Ljungqvist, Alexander P & Marston, Felicia & Wilhelm Jr, William J, 2003. "Competing for Securities Underwriting Mandates: Banking Relationships and Analyst Recommendations," CEPR Discussion Papers 4162, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
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  6. Lucy F. Ackert & Bryan K. Church & Ping Zhang, 1999. "The effect of forecast bias on market behavior: evidence from experimental asset markets," Working Paper 99-4, Federal Reserve Bank of Atlanta. [Downloadable!]
  7. Chetan, Dave, 2004. "Are Investment Expectations Rational?," Analytical Studies Branch Research Paper Series 2004208e, Statistics Canada, Analytical Studies Branch. [Downloadable!]
  8. Günther Gebhardt & Holger Daske & Stefan Klein, 2004. "Estimating the Expected Cost of Equity Capital Using Consensus Forecasts," Working Paper Series: Finance and Accounting 124, Department of Finance, Goethe University Frankfurt am Main. [Downloadable!]
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