The Relation of Stock Prices to Corporate Earnings Adjusted for Inflation
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The effects of inflation adjustments of corporate earnings on market prices were tested by cross section regressions of 485 manufacturing companies for the period 1966-76 and subperiods. The basic data were company reports and stock prices. For the full period, market prices reflected the inventory
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美国国家经济研究局创建时间：
1980-08-01
