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Pony measurement: Size really does matter

✍ Scribed by John McEwen; Paul Farrington


Book ID
113939058
Publisher
Elsevier Science
Year
2007
Tongue
English
Weight
89 KB
Volume
174
Category
Article
ISSN
1090-0233

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Recent work on the 'size effect' suggests that size-related regularities in asset prices (such as size, leverage, book to market equity, etc.) should not be regarded as anomalies. This paper first clarifies the argument (by showing why the OLS cross-section regression incorporating size-related vari