The Predictabilty of German Stock Returns:

Extensive literature investigates the predictability of U.S. equity returns. This does not imply, however, that the results are equally valid for the German equity market. Judith Klähn's central theory is that the German stock market is not comparable to Wall Street. She proves that some of the...

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Bibliographic Details
Main Author: Klähn, Judith (Author)
Format: Electronic eBook
Language:English
Published: Wiesbaden Deutscher Universitätsverlag 2000
Edition:1st ed. 2000
Series:Empirische Finanzmarktforschung/Empirical Finance
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Online Access:BTU01
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Summary:Extensive literature investigates the predictability of U.S. equity returns. This does not imply, however, that the results are equally valid for the German equity market. Judith Klähn's central theory is that the German stock market is not comparable to Wall Street. She proves that some of the most important variables in predicting U.S. equity returns are not significant for the German stock market. The author shows that the composition of Germany's investor base plays an important role, and she outlines the variables crucial for the German stock market
Physical Description:1 Online-Ressource (XIV, 128 p)
ISBN:9783322813787
DOI:10.1007/978-3-322-81378-7

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