Stock Returns, Expected Returns, and Real Activity

• 1 September 1990
• journal article
• Published by JSTOR in The Journal of Finance
• Vol. 45  (4) , 1089-1108
• https://doi.org/10.2307/2328716

Abstract

Keywords

• EXPECTED RETURNS
• VARIANCE OF ANNUAL
• EXPECTED CASH
• STOCK RETURNS
• REAL ACTIVITY
• TOTAL RETURN
• RETURN VARIATION
• EFFICIENCY