Showing 1 - 7 of 7
Persistent link: https://www.econbiz.de/10003357668
Persistent link: https://www.econbiz.de/10003374649
Persistent link: https://www.econbiz.de/10010243638
Persistent link: https://www.econbiz.de/10001709803
Hong, Kubik and Stein (JFE 2008) find that the price of a stock in the US is decreasing in the ratio of the aggregate book value of listed firms in a region to the aggregate personal income in the same region (“RATIO”), an “only-game-in-town” effect. We first replicate the HKS (2008)...
Persistent link: https://www.econbiz.de/10013115575
Persistent link: https://www.econbiz.de/10011771267
Persistent link: https://www.econbiz.de/10014239900