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Investment and share prices: fundamental versus speculative components

  • Branston, Christopher B.
  • Groenewold, Nicolaas
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    File URL: http://www.sciencedirect.com/science/article/B6W5T-4BNB9X2-1/2/8ba520b6a32c1beec473b1ba046645c8
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    Article provided by Elsevier in its journal The North American Journal of Economics and Finance.

    Volume (Year): 15 (2004)
    Issue (Month): 2 (August)
    Pages: 199-226

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    Handle: RePEc:eee:ecofin:v:15:y:2004:i:2:p:199-226
    Contact details of provider: Web page: http://www.elsevier.com/locate/inca/620163

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    23. Eugene F Fama, . "Market Efficiency, Long-Term Returns, and Behavioral Finance," CRSP working papers 448, Center for Research in Security Prices, Graduate School of Business, University of Chicago.
    24. Robert J. Shiller, 1980. "Do Stock Prices Move Too Much to be Justified by Subsequent Changes in Dividends?," NBER Working Papers 0456, National Bureau of Economic Research, Inc.
    25. Douglas K. Pearce & V. Vance Roley, 1985. "Stock Prices and Economic News," NBER Working Papers 1296, National Bureau of Economic Research, Inc.
    26. Martha Starr-McCluer, 1998. "Stock market wealth and consumer spending," Finance and Economics Discussion Series 1998-20, Board of Governors of the Federal Reserve System (U.S.).
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    32. Black, Angela & Fraser, Patricia & Groenewold, Nicolaas, 2003. "U.S. stock prices and macroeconomic fundamentals," International Review of Economics & Finance, Elsevier, vol. 12(3), pages 345-367.
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