Predicting Stock Returns in an Efficient Market

• 1 September 1990
• journal article
• Published by JSTOR in The Journal of Finance
• Vol. 45  (4) , 1109-1128
• https://doi.org/10.2307/2328717

Abstract

Keywords

• STOCK RETURNS
• PREDICTABLE
• AGGREGATE OUTPUT
• BASED ON RATIONAL
• FINANCIAL ASSET
• SERIAL CORRELATION
• MODEL IS A STANDARD