遇见数据集

Reconsidering Returns

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NBER2020-06-01 更新2025-01-04 收录
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Investors' perception of performance is biased because the relevant measure, returns, is rarely displayed. Major indices ignore dividends thereby underreporting market performance. Newspapers are more pessimistic on ex-dividend days, consistent with mistaking the index for returns. Market betas

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2020-06-01
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