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Predictability of Returns and Cash Flows / Ralph S.J. Koijen, Stijn Van Nieuwerburgh.

NBER Working papers Available online

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Format:
Book
Author/Creator:
Koijen, Ralph S.J.
Contributor:
National Bureau of Economic Research.
Van Nieuwerburgh, Stijn.
Series:
Working Paper Series (National Bureau of Economic Research) no. w16648.
NBER working paper series no. w16648
Language:
English
Physical Description:
1 online resource: illustrations (black and white);
Place of Publication:
Cambridge, Mass. National Bureau of Economic Research 2010.
Summary:
We review the literature on return and cash flow growth predictability form the perspective of the present-value identity. We focus predominantly on recent work. Our emphasis is on U.S. aggregate stock return predictability, but we also discuss evidence from other asset classes and countries.
Notes:
Print version record
December 2010.

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