Wilson, Jack W. - In: The Journal of Business 75 (2002) 3, pp. 505-534
This article provides a consistent monthly stock price index from January 1871 through 1999. The broadly defined S&P Weekly Index is reconstructed from 1918 and carried forward as the S&P 500 Composite Index to the present. Cowles's monthly index is improved in order to provide month-end...