Changes in the Standard and Poor's 500 List.

L. Harris and E. Gurel (1986) and A. Shleifer (1986) examined changes in the Standard and Poor's list. Both studies presented evidence inconsistent with efficient markets. Looking at newer data and at bond and option prices, the authors find that case against market efficiency is not compelling. Copyright 1991 by University of Chicago Press.

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Year of publication:	1991
Authors:	Dhillon, Upinder ; Johnson, Herb
Published in:	The Journal of Business. - University of Chicago Press. - Vol. 64.1991, 1, p. 75-85
Publisher:	University of Chicago Press

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Extent:	application/pdf
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005832857