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Why Do Valuation Ratios Forecast Long-Run Equity Returns?
10 references·2 citing·43 second hop
Why Do Valuation Ratios Forecast Long-Run Equity Returns? (1999)Why Do Valuation Ratios Forecast Long-Run…Valuation Ratios and the Long-Run Stock Market Outlook (1998)Valuation Ratios and the Long…Accounting valuation, market expectation, and cross-sectional stock returns (1998)Accounting valuation, market …Earnings, Book Values, and Dividends in Equity Valuation* (1995)Earnings, Book Values, and Di…P/E, P/B and the Present Value of Future Dividends (1994)P/E, P/B and the Present Valu…Testing the Predictive Power of Dividend Yields (1993)Testing the Predictive Power …Testing the Predictive Power of Dividend Yields (1993)Testing the Predictive Power …The Dividend-Price Ratio and Expectations of Future Dividends and Discount Factors (1988)The Dividend-Price Ratio and …Stock prices, earnings, and expected dividends (1988)Stock prices, earnings, and e…Dividend yields and expected stock returns (1988)Dividend yields and expected …The Dividend-Price Ratio and Expectations of Future Dividends and Discount Factors (1986)The Dividend-Price Ratio and …An International Analysis of Earnings, Stock Prices and Bond Yields (2007)An International Analysis of …The Equity Premium: Consistent with GDP Growth and Portfolio Insurance (2006)The Equity Premium: Consisten…Judgment under Uncertainty: Heuristics and Biases (1974)Judgment under Uncertainty: Heuristics and Biases (1975)The Cross-Section of Expected Stock Returns (1992)Overconfidence, Arbitrage, and Equilibrium Asset Pricing (2001)Profitability, investment and average returns (2006)Replicating Anomalies (2018)The General Theory of Employment, Interest and Money. (1936)Efficient Capital Markets: A Review of Theory and Empirical Work (1970)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)Noise Trader Risk in Financial Markets (1990)Efficient Capital Markets: II (1991)Common risk factors in the returns on stocks and bonds (1993)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)Dividend Policy, Growth, and the Valuation of Shares (1961)The Theory and Measurement of Business Income (1961)Valuation and Clean Surplus Accounting for Operating and Financial Activities* (1995)Capital markets research in accounting (2001)Does Corporate Social Responsibility Affect the Cost of Capital? (2010)Likelihood Ratio Statistics for Autoregressive Time Series with a Unit Root (1981)Co-Integration and Error Correction: Representation, Estimation, and Testing (1987)Testing for a Unit Root in Time Series Regression (1988)ARCH modeling in finance (1992)A five-factor asset pricing model (2014)Distribution of the Estimators for Autoregressive Time Series with a Unit Root (1979)Distribution of the Estimators for Autoregressive Time Series With a Unit Root (1979)Human Behavior and the Efficiency of the Financial System (1998)Macro variables and international stock return predictability (2004)Fundamental Indexation (2005)The Stock Market and Capital Accumulation (2001)Robust Portfolio Rules and Asset Pricing (2004)Forecasting Stock Returns (2013)On Accounting-Based Valuation Formulae* (2005)Earnings, Earnings Growth and Value (2006)Equity Asset Valuation (2015)International stock return differentials and real exchange rate changes (1998)Strategic Asset Allocation in Continuous Time (2002)Risk, return, and dividends (2007)Consumption, Aggregate Wealth, and Expected Stock Returns (2001)Investor Psychology and Asset Pricing (2001)Presidential Address: Discount Rates (2011)Smart Money, Noise Trading and Stock Price Behaviour (1993)Labor Income and Predictable Stock Returns (2005)Dating the timeline of financial bubbles during the subprime crisis (2011)
this work references cited by second hop

References

  • 1995Earnings, Book Values, and Dividends in Equity Valuation*5,061 cited
  • 1988The Dividend-Price Ratio and Expectations of Future Dividends and Discount Factors3,784 cited
  • 1988Dividend yields and expected stock returns3,574 cited
  • 1986The Dividend-Price Ratio and Expectations of Future Dividends and Discount Factors2,425 cited
  • 1998Accounting valuation, market expectation, and cross-sectional stock returns1,083 cited
  • 1998Valuation Ratios and the Long-Run Stock Market Outlook788 cited
  • 1988Stock prices, earnings, and expected dividends567 cited
  • 1993Testing the Predictive Power of Dividend Yields376 cited
  • 1994P/E, P/B and the Present Value of Future Dividends143 cited
  • 1993Testing the Predictive Power of Dividend Yields60 cited

Cited by

  • 2006The Equity Premium: Consistent with GDP Growth and Portfolio Insurance33 cited
  • 2007An International Analysis of Earnings, Stock Prices and Bond Yields32 cited

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