An Exploratory Investigation of the Fundamental Determinants of National Equity Market Returns
收藏NBER1993-12-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w4595
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资源简介：
This paper studies average and conditional expected returns in national equity markets, and their relation to a number of fundamental country attributes. The attributes are organized into three groups. The first is relative valuation ratios, such as price-to-book-value, cash-flow, earnings and
提供机构：
美国国家经济研究局
创建时间：
1993-12-01
