The Dog That Did Not Bark: A Defense of Return Predictability
收藏NBER2006-02-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w12026
下载链接
链接失效反馈官方服务：
资源简介：
To question the statistical significance of return predictability, we cannot specify a null that simply turns off that predictability, leaving dividend growth predictability at its essentially zero sample value. If neither returns nor dividend growth are predictable, then the dividend-price ratio is
提供机构：
美国国家经济研究局
创建时间：
2006-02-01
