The anomaly of size: Does it really matt
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Ian M. Dobbs
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Article
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1999
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John Wiley and Sons
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English
โ 176 KB
๐ 2 views
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