Testing the Ex Ante Relationship between Asset and Investment Returns in Japan: An Application of the P-CAPM to Japanese Asset Returns
نویسنده
چکیده
I would like to express my sincere gratitude to Bradford DeLong, Richard Lyons, and James Pierce for their encouragement and helpful comments. I benefited greatly from discussion with Roger Craine, Maurice Obstfeld, Keiichi Hori, and James Wilcox. My special thanks also go to Sachiko Kuroda Nakada, Masaki Nakahigashi, and Yoichi Kita for providing me with the data. Of course, any remaining errors are entirely mine. MONETARY AND ECONOMIC STUDIES/MAY 2000
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