Dividend yields are equity risk premiums

MS Rozeff - Journal of Portfolio management, 1984 - papers.ssrn.com
This article presents evidence that dividend yields are directly related to and predict future
stock returns: The higher the yield, the higher the stock return. The paper uses the constant …

Impact of Trading in the Multi-Dealer Spot Foreign Exchange

AB Schmidt - The Journal of Trading, 2015 - pm-research.com
Impact of trading in the multi-dealer spot foreign exchange market is described using a
structural vector autoregressive model. The model is derived in terms of return, signed …