Predicting market returns using aggregate implied cost of capital

Journal of Financial Economics

Volumn 110, Issue 2, 2013, Pages 419-436

  Li, Yan ^a   Ng, David T ^b   Swaminathan, Bhaskaran ^c  

^a TEMPLE UNIVERSITY   (United States)

^b Cornell University ^*  (United States)

^c LSV Asset Management   (United States)

Author keywords

Implied cost of capital; Market predictability; Valuation ratios

Indexed keywords

EID: 84884415631     PISSN: 0304405X     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jfineco.2013.06.006     Document Type: Article

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