Nakhli, Mohamed Sahbi; Belkacem, Lotfi - In: Managerial Finance 39 (2013), pp. 607-619
profits. Design/methodology/approach – To identify the main source of momentum profits, first, the bootstrap method with … replacement was used. Then, to eliminate the existence of the small sample bias, the bootstrap method without replacement and the … block bootstrap method were employed. In this case, when the authors draw the observations without replacement the random …
