Das, Praveen K. - In: American Journal of Finance and Accounting 3 (2013) 1, pp. 57-76
Bhardwaj and Brooks (1993) and Kim and Burnie (2002) look at the size effect during expansion and recession but come to different conclusions. While Bhardwaj and Brooks report reversal of size effects, Kim and Burnie show that the size effect is strong during economic expansion. A possible...