Size Anomalies in U.S. Bank Stock Returns: A Fiscal Explanation
收藏NBER2010-11-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w16553
下载链接
链接失效反馈官方服务：
资源简介：
The largest commercial bank stocks, ranked by total size of the balance sheet, have significantly lower risk-adjusted returns than small- and medium-sized bank stocks, even though large banks are significantly more levered. We uncover a size factor in the component of bank returns that is orthogonal
提供机构：
美国国家经济研究局
创建时间：
2010-11-01
