The Cross Section of Common Stock Returns : A Review of the Evidence and Some New Findings.

A growing number of empirical studies suggest that betas of common stocks do not adquately explain cross-sectional differences in stock returns. Instead, a number of other variables that have no basis in extant theoretical models semm to have significant predictive ability.

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Year of publication:	1997
Authors:	Hawawini, G ; Keim, D-B
Institutions:	Rodney L. White Center for Financial Research, Wharton School of Business
Subject:	FINANCIAL MARKET \| PRICING

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Series:	Rodney L. White Center for Financial Research Working Papers.
Type of publication:	Book / Working Paper
Notes:	41 pages
Classification:	G1 - General Financial Markets
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005245238