The Stock Market Game: Classroom Use and Strategy Page 1 Economic Instruction In this
section, the Journal of Economic Education publishes articles, notes, and communications …

Irina Stöß analysiert den Unternehmenserfolg globalstrategischer Banken anhand einer
empirischen Längsschnittuntersuchung mittels Kapitalmarktdaten der Global Player, um …

As the economic and financial characteristics of countries change, so would be their betas
and correlations of their investment returns with that of the US Such changes are expected to …

This paper shows that the OLS estimates for beta in a small stock market are likely to be
biased upward because of endogenous market returns. Applying the Hausman test to the …

In this paper, we specify a theoretical multi-factor return generating process of securities by
means of which fundamentalshifts in the structure of the economy can be modelled. Wethen …

Résumé Cette étude montre que, sur le marché français, les titres à faible capitalisation
boursière ou à bas PER présentent des rentabilités anormales positives. Les anomalies …

In financial time series, nonlinear effects and time-varying effects are observed. In this
dissertation, we propose a predictive regression model with time varying coefficients and …

This paper proposes a special type of discounted least squares technique and applies it to
the Capital Asset Pricing Model. There is evidence that the value of beta, the measure of risk …

Lev (1988) claims that fuller disclosure of information should decrease inequities among
investors by decreasing information asymmetries due to equal access to information. The …

An important consideration when applying the capital asset pricing model (CAPM) is the
estimation of systematic risk (beta). The most common procedure used to estimate beta is …