Profitability, value, and stock returns in production‐based asset pricing without frictions
Year of publication: |
October 2017
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Authors: | Balversli, Ronald J. ; Huang, Dayong |
Published in: |
Journal of money, credit and banking : JMCB. - Malden, Mass. [u.a.] : Wiley-Blackwell, ISSN 0022-2879, ZDB-ID 218362-6. - Vol. 49.2017, 7, p. 1621-1651
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Subject: | profitability | stock returns | production-based asset pricing | investment returns | value premium reversal | decreasing returns to scale | Kapitaleinkommen | Capital income | CAPM | Theorie | Theory | Rentabilität | Profitability | Skalenertrag | Returns to scale | Börsenkurs | Share price | Kapitalmarktrendite | Capital market returns | Risikoprämie | Risk premium | Portfolio-Management | Portfolio selection |
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