The Duration of the Adjustment Process of Financial Ratios: Further Remarks.
In a recent paper, Yoram C. Peles and Meir I. Schneller (1989) ignore the sampling autocorrelation bias. A replication of their work that removes the bias changes their results. With the bias removed, there is no evidence that their three long-term ratios follow an adjustment process. Copyright 1992 by MIT Press.
Year of publication: |
1992
|
---|---|
Authors: | Davis, Harry Zvi ; Peles, Yoram C |
Published in: |
The Review of Economics and Statistics. - MIT Press. - Vol. 74.1992, 3, p. 557-59
|
Publisher: |
MIT Press |
Saved in:
Online Resource
Saved in favorites
Similar items by person
-
Davis, Harry Zvi, (2009)
-
The Effects of LIFO Inventory Costing on Resource Allocation : A Comment
Davis, Harry Zvi, (2014)
-
Some Additional Evidence on the LIFO-FIFO Choice Using Replacement Cost Data
Davis, Harry Zvi, (2014)
- More ...