Parent Category: Article
Do the Investment and Return-on-Equity Factors Proxy for Economic Risks?
|Title||Do the Investment and Return-on-Equity Factors Proxy for Economic Risks? ||Author(S)||Zijun Wang (Author) |
|Abstract|| We study the information content of two new return factors, the investment factor (IA) and the return-on-equity factor (ROE), as proposed by Chen, Novy-Marx, and Zhang in 2011. First, IA is a strong predictor for future gross domestic product (GDP) growth despite the presence of other financial and economic variables. ...||Pagination||p 183-210|
|Journal Title||Financial management|| || |
|Permanent Links||click here|| || |