ListarDepartament: Economia por tema "superior predictive ability test"

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    • closedAccess   Exploiting ergodicity in forecasts of corporate profitability 

      Mundt, Philipp; Alfarano, Simone; Milakovic, Mishael Elsevier (2019-12-13)
      Theory suggests that competition tends to equalize profit rates through the process of capital reallocation, and numerous studies have confirmed that profit rates are indeed persistent and mean-reverting. Recent empirical ...