𝔖 Bobbio Scriptorium
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Prospect theory, analyst forecasts, and stock returns

✍ Scribed by David K Ding; Charlie Charoenwong; Raymond Seetoh


Book ID
113810517
Publisher
Elsevier Science
Year
2004
Tongue
English
Weight
141 KB
Volume
14
Category
Article
ISSN
1042-444X

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Non-linear forecasts of stock returns
✍ Angelos Kanas πŸ“‚ Article πŸ“… 2003 πŸ› John Wiley and Sons 🌐 English βš– 150 KB πŸ‘ 1 views

## Abstract Following recent non‐linear extensions of the present‐value model, this paper examines the out‐of‐sample forecast performance of two parametric and two non‐parametric nonlinear models of stock returns. The parametric models include the standard regime switching and the Markov regime swi