ASSET RETURNS, DISCOUNT RATE CHANGES, AND MARKET-EFFICIENCY

被引:58
|
作者
SMIRLOCK, M [1 ]
YAWITZ, J [1 ]
机构
[1] WASHINGTON UNIV,FINANCE,ST LOUIS,MO 63130
来源
JOURNAL OF FINANCE | 1985年 / 40卷 / 04期
关键词
D O I
10.2307/2328399
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
引用
收藏
页码:1141 / 1158
页数:18
相关论文
共 50 条
  • [21] MARKET-EFFICIENCY IN RACETRACK BETTING
    ASCH, P
    MALKIEL, BG
    QUANDT, RE
    JOURNAL OF BUSINESS, 1984, 57 (02): : 165 - 175
  • [22] DIVERSE INFORMATION AND MARKET-EFFICIENCY IN A MONETARY MODEL OF THE EXCHANGE-RATE
    HARRIS, RG
    PURVIS, DD
    ECONOMIC JOURNAL, 1981, 91 (364): : 829 - 847
  • [23] The impact of heterogeneity of discount factors and asset returns on inequality
    Ferreira, Pedro Cavalcanti
    Guimaraes, Guido Penido
    APPLIED ECONOMICS, 2018, 50 (04) : 371 - 388
  • [24] DISCOUNT RATE CHANGES AND THE FOREIGN-EXCHANGE MARKET
    BATTEN, DS
    THORNTON, DL
    JOURNAL OF INTERNATIONAL MONEY AND FINANCE, 1984, 3 (03) : 279 - 292
  • [25] Discount Rate Changes and Market Timing: A Multinational Study
    Chen, Su-Jane
    Chen, Ming-Hsiang
    ANNALS OF ECONOMICS AND FINANCE, 2009, 10 (02): : 329 - 349
  • [26] DISCOUNT RATE CHANGES AND SECURITY RETURNS IN THE US, 1962-1991
    JENSEN, GR
    JOHNSON, RR
    JOURNAL OF BANKING & FINANCE, 1995, 19 (01) : 79 - 95
  • [27] MARKET-EFFICIENCY AND LEGAL LIABILITY - REPLY
    ANDERSON, JA
    STPIERRE, KE
    ACCOUNTING REVIEW, 1983, 58 (04): : 833 - 836
  • [28] TESTING FUTURES MARKET-EFFICIENCY - A RESTATEMENT
    MABERLY, ED
    JOURNAL OF FUTURES MARKETS, 1985, 5 (03) : 425 - 432
  • [29] ON THE REAL-ESTATE MARKET-EFFICIENCY
    DARRAT, AF
    GLASCOCK, JL
    JOURNAL OF REAL ESTATE FINANCE AND ECONOMICS, 1993, 7 (01): : 55 - 72
  • [30] FORWARD MARKET-EFFICIENCY FOR COFFEE AND CACAO
    SABUHORO, JB
    LARUE, B
    CANADIAN JOURNAL OF AGRICULTURAL ECONOMICS-REVUE CANADIENNE D ECONOMIE RURALE, 1994, 42 (04): : 592 - 592