Bubbles, Fads, and Stock Price Volatility Tests: A Partial Evaluation
收藏NBER1988-05-01 更新2025-01-04 收录
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https://www.nber.org/papers/w2574
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资源简介:
This is a summary and interpretation of some of the literature on stock price volatility that was stimulated by Leroy and Porter (1981) and Shiller (1981a). It appears that neither small sample bias, rational bubbles nor some standard models for expected returns adequately explain stock price
提供机构:
美国国家经济研究局
创建时间:
1988-05-01



