Regime shifts in price-dividend ratios and expected stock returns : a present-value approach
Kwang Hun Choi, Chang-Jin Kim, Cheolbeom Park
| Year of publication: |
March-April 2017
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| Authors: | Choi, Kwang Hun ; Kim, Chang-jin ; Park, Cheolbeom |
| 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, 2/3, p. 417-441
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| Subject: | persistence of expected returns | state-space model | present-value approach | predictive regression | return predictability | regime shifts | Kapitaleinkommen | Capital income | Prognoseverfahren | Forecasting model | Dividende | Dividend | Erwartungsbildung | Expectation formation | Schätzung | Estimation | Prognose | Forecast | Regressionsanalyse | Regression analysis | Kapitalmarktrendite | Capital market returns | Zeitreihenanalyse | Time series analysis | CAPM |
| Type of publication: | Article |
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| Type of publication (narrower categories): | Aufsatz in Zeitschrift ; Article in journal |
| Language: | English |
| Other identifiers: | 10.1111/jmcb.12384 [DOI] |
| Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10011708028