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Baek, Chung
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U.S. stock market P/E ratios, structural breaks, and long-term stock returns
Baek, Chung
;
Lee, Ingyu
- In:
Journal of business economics and management
19
(
2018
)
1
,
pp. 110-123
breakpoints
in the market P/E ratio and find that those structural changes are significantly perceived over the long run. Unlike …
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