Peña Sánchez de Rivera, Juan Ignacio (contributor); … - 2006
the crash, but leaves it as an important event in the sample
As a further illustration, Figure 5 shows ex-ante equity … Dividend-Price Ratio And Expectations Of Future
Dividends And Discount Factors," Review of Financial Studies, 1988, v1(3), 195 …28, 591-605.
Cochrane, John H. "Explaining The Variance Of Price-Dividend Ratios," Review of Financial Studies,
1992, v …