Is the US unique? International evidence on the aggregate earnings-returns association
We exploit differences in institutional and macroeconomic environments to shed light on what drives variation in the aggregate earnings-returns relation over time within the U.S. and across countries. We find that both intertemporal and cross-country variation in the aggregate earnings-returns assoc...
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Main Authors: | , , , |
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Format: | text |
Language: | English |
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Institutional Knowledge at Singapore Management University
2017
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Online Access: | https://ink.library.smu.edu.sg/soa_research/1764 https://ink.library.smu.edu.sg/context/soa_research/article/2791/viewcontent/SSRN_id3179037.pdf |
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Institution: | Singapore Management University |
Language: | English |