Results 1 to 10 of about 32,680 (120)
Dependence Modeling, 2022 Abstract This paper analyzes approximately 100 Gigabytes of raw text data from Twitter with keywords “AAPL,” “S&P 500,” “FTSE100” and “NASDAQ” to explore the relationship between sentiment and the returns and prices on the Apple stock and the S&P 500, FTSE 100 and NASDAQ indices. The findings point to significant relationship and
Huang, Z, Ibragimov, R
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Equity, Efficiency and Increasing Returns [PDF]
The Review of Economic Studies, 1979 Focuses on a study which examined economic equilibria involving increasing returns and optimality. Description of the model; Geometrical and mathematical derivation of the model; Conditions involved in economies with efficient equilibria. (From Ebsco)
Donald J. Brown, Geoffrey M. Heal
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Equity Returns at the Turn of the Month [PDF]
SSRN Electronic Journal, 2006 A turn-of-the-month effect in U.S. equity returns was initially identified by Lakonishok and Smidt (1988) using the DJIA for the period 1897-1986. According to the turn-of-the-month effect, equity returns over the interval beginning the last trading day of the month and ending three days later are significantly higher than over other days.
John J. McConnell, Wei Xu, Wei Xu
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Legal Determinants of the Return on Equity [PDF]
SSRN Electronic Journal, 2000 Recent work documents that better legal institutions are associated with broader equity markets. We investigate whether international differences in legal institutions also help explain the international cross-section of expected stock returns. We document three main regularities. First, total stock market returns are positively correlated with overall
Lombardo, Davide, Pagano, Marco
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Economic Growth and Equity Returns [PDF]
SSRN Electronic Journal, 2004 It is widely believed that economic growth is good for stockholders. However, the cross-country correlation of real stock returns and per capita GDP growth over 1900-2002 is negative. Economic growth occurs from high personal savings rates and increased labor force participation, and from technological change.
University of Florida, Gainesville FL 32611-7168, United States ( host institution ) +1 more
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Debt Refinancing and Equity Returns
The Journal of Finance, 2015 ABSTRACTThis paper presents empirical evidence that the maturity structure of financial leverage affects the cross‐section of equity returns. We find that short‐term leverage is associated with a positive premium, whereas long‐term leverage is not.
Nils Friewald +3 more
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Average Debt and Equity Returns: Puzzling? [PDF]
American Economic Review, 2003 Mehra and Prescott (1985) found the difference between average equity and debt returns puzzling because it was too large to be a premium for bearing nondiversifiable aggregate risk. Here, we re-examine this puzzle, taking into account some factors ignored by Mehra and Prescott–taxes, regulatory constraints, and diversification costs–and focusing on ...
Edward C. Prescott +2 more
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The Expected Real Return to Equity [PDF]
Finance and Economics Discussion Series, 2009 The expected return to equity--typically measured as a historical average--is a key variable in the decision making of investors. A recent literature based on analysts' forecasts and practitioner surveys finds estimates of expected returns that are sometimes much lower than historical averages.
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Default Risk in Equity Returns [PDF]
The Journal of Finance, 2002 ABSTRACTThis is the first study that uses Merton's (1974) option pricing model to compute default measures for individual firms and assess the effect of default risk on equity returns. The size effect is a default effect, and this is also largely true for the book‐to‐market (BM) effect.
Yuhang Xing, Maria Vassalou
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Equity Returns And Integration Is Europe Changing? [PDF]
Oxford Review of Economic Policy, 2004 Abstract How significant is the mark left by the all-important process of economic and financial integration, including the advent of the euro, on equity markets? From the viewpoint of equity investors, can one assert that the promises of European integration are materializing?
Adjaouté, Kpate, Danthine, Jean-Pierre
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