Do Asset Prices Reflect Fundamentals? Freshly Squeezed Evidence from the OJ Market
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下载链接：
https://www.nber.org/papers/w9515
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资源简介：
The behavioral finance literature cites the frozen concentrated orange juice (FCOJ) futures market as a prominent example of the failure of prices to reflect fundamentals. This paper reexamines the relation between FCOJ futures returns and fundamentals, focusing primarily on temperature. We show
提供机构：
美国国家经济研究局
创建时间：
2003-02-01
