Expectations and the Structure of Share Prices

Expectations and the Structure of Share Prices

by John G. Cragg, Burton G. Malkiel
     
 

John G. Cragg and Burton G. Malkiel collected detailed forecasts of professional investors concerning the growth of 175 companies and use this information to examine the impact of such forecasts on the market evaluations of the companies and to test and extend traditional models of how stock market values are determined.

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Overview

John G. Cragg and Burton G. Malkiel collected detailed forecasts of professional investors concerning the growth of 175 companies and use this information to examine the impact of such forecasts on the market evaluations of the companies and to test and extend traditional models of how stock market values are determined.

Product Details

ISBN-13:
9780226116723
Publisher:
University of Chicago Press
Publication date:
05/15/2009
Series:
National Bureau of Economic Research Monograph
Sold by:
Barnes & Noble
Format:
NOOK Book
Pages:
184
File size:
7 MB

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