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Speculative Behavior in the Stock Markets: Evidence from the United States and Japan

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NBER1991-02-01 更新2025-01-04 收录
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There have been enormous differences of opinion between U.S. and Japanese institutional investors about the outlook for stock prices, differences across the two countries in average one-year-ahead forecasts for the Japanese stock market as great as twenty percentage points. In the past two years

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1991-02-01
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