Changing Times, Changing Values: A Historical Analysis of Sectors within the US Stock Market 1872-2013
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We construct a price, dividend, and earnings series for the Industrials sector, the Utilities sector, and the Railroads sector from the beginning of the 1870s until the beginning of the year 2013 from primary sources. To infer about mispricings in the sector markets over more than a century, we
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美国国家经济研究局创建时间:
2014-08-01



