Equity prices and fundamentals: a DDM–APT mixed approach
نویسندگان
چکیده
منابع مشابه
House Prices and Fundamentals:
This paper examines the long run relation between prices and rents for houses in Amsterdam from 1650 through 2005. We first demonstrate that these series are cointegrated, a necessary condition for studying movements of the rent-price ratio. We then estimate the deviation of house prices from fundamentals and find that these deviations can be persistent and long-lasting. Lastly, we look at the ...
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ژورنال
عنوان ژورنال: Review of Quantitative Finance and Accounting
سال: 2016
ISSN: 0924-865X,1573-7179
DOI: 10.1007/s11156-016-0604-y