Allen W. Bathke Jr.; Morton, Richard M.; Notbohm, Matthew; … - In: Accounting and Finance 54 (2014) 2, pp. 305-334
type="main" xml:id="acfi12012-abs-0001" <title type="main">Abstract</title> <p>We investigate how the market's subjective estimates of autocorrelation in quarterly earnings vary with objective time-series estimates. Our results suggest that investors increasingly underestimate the correlation as the autocorrelation level...</p>
