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Journal of Portfolio Management
Volumn 25, Issue 3, 1999, Pages 39-44
Why do valuation ratios forecast long-run equity returns?: Will the high returns of the last two decades persist?
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EID: 0033096016     PISSN: 00954918     EISSN: None     Source Type: Journal    
DOI: 10.3905/jpm.1999.319714     Document Type: Article
Times cited : (24)
References (12)
  • 1
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    • The dividend-price ratio and expectations of future dividends and discount factors
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    • Campbell, John, and Robert Shiller. "The Dividend-Price Ratio and Expectations of Future Dividends and Discount Factors." Review of Financial Studies, 1 (Fall 1988), pp. 195-228.
    • (1988) Review of Financial Studies , vol.1 , pp. 195-228
    • Campbell, J.1    Shiller, R.2
  • 2
    • 84977717068 scopus 로고
    • Stock prices, earnings, and expected dividends
    • July
    • -. "Stock Prices, Earnings, and Expected Dividends." Journal of Finance, 43 (July 1988), pp. 661-676.
    • (1988) Journal of Finance , vol.43 , pp. 661-676
  • 3
    • 0040250342 scopus 로고    scopus 로고
    • Valuation ratios and the long-run stock market outlook
    • Winter
    • -. "Valuation Ratios and the Long-Run Stock Market Outlook." Journal of Portfolio Management, Winter 1998, pp. 11-26.
    • (1998) Journal of Portfolio Management , pp. 11-26
  • 4
    • 0002261146 scopus 로고
    • P/E, P/B and the present value of future dividends
    • July-August
    • Fairfield, Patricia. "P/E, P/B and the Present Value of Future Dividends." Financial Analysts Journal, July-August 1994, pp. 23-31.
    • (1994) Financial Analysts Journal , pp. 23-31
    • Fairfield, P.1
  • 5
    • 0002056097 scopus 로고
    • Dividend yields and expected stock returns
    • October
    • Fama, Eugene, and Kenneth French. "Dividend Yields and Expected Stock Returns." Journal of Financial Economics, 22 (October 1988), pp. 3-25.
    • (1988) Journal of Financial Economics , vol.22 , pp. 3-25
    • Fama, E.1    French, K.2
  • 6
    • 0009274371 scopus 로고    scopus 로고
    • Making the dividend discount model relevant for financial analysis
    • Summer
    • Ferguson, Robert. "Making the Dividend Discount Model Relevant for Financial Analysis." Journal of Investing, Summer 1997, pp. 53-64.
    • (1997) Journal of Investing , pp. 53-64
    • Ferguson, R.1
  • 7
    • 0009223439 scopus 로고    scopus 로고
    • Accounting valuation, market expectation and cross-sectional stock returns
    • Spring
    • Frankel, Richard, and Charles Lee. "Accounting Valuation, Market Expectation and Cross-Sectional Stock Returns." Journal of Accounting and Economics, Spring 1999.
    • (1999) Journal of Accounting and Economics
    • Frankel, R.1    Charles, L.2
  • 8
    • 84993843443 scopus 로고
    • Testing the predictive power of dividend yields
    • June
    • Goetzmann, William N., and Philippe Jorion. "Testing the Predictive Power of Dividend Yields." Journal of Finance, 48 (June 1993), pp. 663-679.
    • (1993) Journal of Finance , vol.48 , pp. 663-679
    • Goetzmann, W.N.1    Jorion, P.2
  • 10
    • 84984180909 scopus 로고
    • Earnings, book values and dividends in security valuation
    • Spring
    • Ohlson, James. "Earnings, Book Values and Dividends in Security Valuation." Contemporary Accounting Research, Spring 1995, pp. 661-687.
    • (1995) Contemporary Accounting Research , pp. 661-687
    • Ohlson, J.1

* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.