منابع مشابه
Size effect, book-to-market effect, and survival
Previous studies find that small stocks have higher average returns than large stocks, and the difference between the returns can not be accounted for by the systematic risk, b. In my analysis of Compustat and CRSP data from 1976 to 1995, and simulation experiments based on the data, I find the size effect can be largely explained by data truncation that is caused by survival. Small stocks’ ret...
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We investigate the importance of market size as a determinant for industrial location patterns. In order to focus on a broad range of sectors, including services, both traded and non-traded goods are taken into consideration. In our model, traded goods industries always exhibit a ‘home market effect’ (HME), whereas the existence of such an effect for non-traded goods crucially hinges on the deg...
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ژورنال
عنوان ژورنال: International Journal of Economics and Finance
سال: 2011
ISSN: 1916-9728,1916-971X
DOI: 10.5539/ijef.v3n2p263