Mean Reversion in Investment Decisions: The Case of Hollywood
Author
Abstract
Suggested Citation
DOI: 10.1111/joie.12218
Download full text from publisher
References listed on IDEAS
- Hall, Robert E, 1978. "Stochastic Implications of the Life Cycle-Permanent Income Hypothesis: Theory and Evidence," Journal of Political Economy, University of Chicago Press, vol. 86(6), pages 971-987, December.
- Poterba, James M. & Summers, Lawrence H., 1988.
"Mean reversion in stock prices : Evidence and Implications,"
Journal of Financial Economics, Elsevier, vol. 22(1), pages 27-59, October.
- James M. Poterba & Lawrence H. Summers, 1987. "Mean Reversion in Stock Prices: Evidence and Implications," NBER Working Papers 2343, National Bureau of Economic Research, Inc.
- Edward P. Lazear, 2004.
"The Peter Principle: A Theory of Decline,"
Journal of Political Economy, University of Chicago Press, vol. 112(S1), pages 141-163, February.
- Lazear, Edward, 2003. "The Peter Principle: A Theory of Decline," IZA Discussion Papers 759, Institute of Labor Economics (IZA).
- Ken Hendricks & Alan Sorensen, 2009. "Information and the Skewness of Music Sales," Journal of Political Economy, University of Chicago Press, vol. 117(2), pages 324-369, April.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Jordi McKenzie, 2023. "The economics of movies (revisited): A survey of recent literature," Journal of Economic Surveys, Wiley Blackwell, vol. 37(2), pages 480-525, April.
- Kuehn, Joseph & Lampe, Ryan, 2023. "Competition and product composition: Evidence from hollywood," International Journal of Industrial Organization, Elsevier, vol. 91(C).
- Alexander Cuntz & Alessio Muscarnera & Prince C. Oguguo & Matthias Sahli, 2023. "IP assets and film finance - a primer on standard practices in the U.S," WIPO Economic Research Working Papers 74, World Intellectual Property Organization - Economics and Statistics Division.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Cochrane, John H, 1989.
"The Sensitivity of Tests of the Intertemporal Allocation of Consumption to Near-Rational Alternatives,"
American Economic Review, American Economic Association, vol. 79(3), pages 319-337, June.
- John H. Cochrane, 1988. "The Sensitivity of Tests of the Intertemporal Allocation of Consumption to Near-Rational Alternatives," NBER Working Papers 2730, National Bureau of Economic Research, Inc.
- Fischer Black, 1989. "Mean Reversion and Consumption Smoothing," NBER Working Papers 2946, National Bureau of Economic Research, Inc.
- Robert S. Chirinko & Huntley Schaller, 2001.
"Business Fixed Investment and "Bubbles": The Japanese Case,"
American Economic Review, American Economic Association, vol. 91(3), pages 663-680, June.
- Huntley Schaller & Robert S. Chirinko, 1995. "Business Fixed Investment and "Bubbles": the Japanese Case," Carleton Economic Papers 95-13, Carleton University, Department of Economics, revised 2001.
- Chirinko, Robert S. & Schaller, Huntley, 1996. "Business Fixed Investment and "Bubbles": The Japanese Case," Economics Series 28, Institute for Advanced Studies.
- Campbell, John Y. & Shiller, Robert J., 1988.
"Interpreting cointegrated models,"
Journal of Economic Dynamics and Control, Elsevier, vol. 12(2-3), pages 505-522.
- John Y. Campbell & Robert J. Shiller, 1988. "Interpreting Cointegrated Models," NBER Working Papers 2568, National Bureau of Economic Research, Inc.
- Shiller, Robert & Campbell, John, 1988. "Interpreting Cointegrated Models," Scholarly Articles 3221492, Harvard University Department of Economics.
- Hrishikesh D. Vinod, 2008. "Consumer Debt is 130% of Income: Avoiding Budget Constraint Orthodoxy," Fordham Economics Discussion Paper Series dp2008-13, Fordham University, Department of Economics.
- Ekaterini Panopoulou & Nikitas Pittis & Sarantis Kalyvitis, 2010.
"Looking far in the past: revisiting the growth-returns nexus with non-parametric tests,"
Empirical Economics, Springer, vol. 38(3), pages 743-766, June.
- Ekaterini Panopoulou & N. Pittis & S. Kalyvitis, 2006. "Looking far in the past:Revisiting the growth-returns nexus with non-parametric tests," Economics Department Working Paper Series n1660306, Department of Economics, National University of Ireland - Maynooth.
- Ekaterini Panopoulou & Nikitas Pittis & Sarantis Kalyvitis, 2006. "Looking far in the past: Revisiting the growth-returns nexus with non-parametric tests," The Institute for International Integration Studies Discussion Paper Series iiisdp134, IIIS.
- Christis Hassapis, 2003. "Financial variables and real activity in Canada," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 36(2), pages 421-442, May.
- Durlauf, Steven N., 1991.
"Spectral based testing of the martingale hypothesis,"
Journal of Econometrics, Elsevier, vol. 50(3), pages 355-376, December.
- Steven N. Durlauf, 1992. "Spectral Based Testing of the Martingale Hypothesis," NBER Technical Working Papers 0090, National Bureau of Economic Research, Inc.
- Duclos, Jean-Yves, 1998. "Social evaluation functions, economic isolation and the Suits index of progressivity," Journal of Public Economics, Elsevier, vol. 69(1), pages 103-121, July.
- Chul‐Woo Kwon & Peter F. Orazem & Daniel M. Otto, 2006.
"Off‐farm labor supply responses to permanent and transitory farm income,"
Agricultural Economics, International Association of Agricultural Economists, vol. 34(1), pages 59-67, January.
- Kwon, Chul-Woo & Orazem, Peter & Otto, Daniel, 2003. "Off-Farm Labor Supply Responses to Permanent and Transitory Farm Income," Staff General Research Papers Archive 10643, Iowa State University, Department of Economics.
- Kwon, Chul-Woo & Orazem, Peter F. & Otto, Daniel M., 2006. "Off-farm labor supply responses to permanent and transitory farm income," ISU General Staff Papers 200601010800001205, Iowa State University, Department of Economics.
- Kwon, Chul-Woo & Orazem, Peter F. & Otto, Daniel M., 2003. "Off-Farm Labor Supply Responses To Permanent And Transitory Farm Income," Working Papers 18225, Iowa State University, Department of Economics.
- Kwon, Chul-Woo & Orazem, Peter F. & Otto, Daniel M., 2003. "Off-farm labor supply responses to permanent and transitory farm income," ISU General Staff Papers 200307010700001205, Iowa State University, Department of Economics.
- Duclos, J.Y., 1995.
"Economic Isolation, Inequality, and the Suits Index of Progressivity,"
Papers
9510, Laval - Recherche en Politique Economique.
- DUCLOS, Jean-Yves, 1995. "Economic Isolation, Inequality, and the Suits Index of Progressivity," Cahiers de recherche 9510, Université Laval - Département d'économique.
- Athanasopoulos, George & de Carvalho Guillén, Osmani Teixeira & Issler, João Victor & Vahid, Farshid, 2011.
"Model selection, estimation and forecasting in VAR models with short-run and long-run restrictions,"
Journal of Econometrics, Elsevier, vol. 164(1), pages 116-129, September.
- George Athanasopoulos & Osmani T. de C. Guillén & João V. Issler & Farshid Vahid, 2009. "Model selection, estimation and forecasting in VAR models with short-run and long-run restrictions," Monash Econometrics and Business Statistics Working Papers 2/09, Monash University, Department of Econometrics and Business Statistics.
- Athanasopoulos, George & Guillen, Osmani Teixeira Carvalho & Issler, João Victor & Vahid, Farshid, 2011. "Model selection, estimation and forecasting in VAR models with short-run and long-run restrictions," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 713, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).
- Athanasopoulos, George & Guillen, Osmani Teixeira Carvalho & Issler, João Victor & Vahid, Farshid, 2010. "Model selection, estimation and forecasting in VAR models with short-run and long-run restrictions," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 707, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).
- George Athanasopoulos & Osmani Teixeira de Carvalho Guillén & João Victor Issler & Farshid Vahid, 2010. "Model selection, Estimation and Forecasting in VAR Models with Short-run and Long-run Restrictions," Working Papers Series 205, Central Bank of Brazil, Research Department.
- Athanasopoulos, George & Guillen, Osmani Teixeira Carvalho & Issler, João Victor, 2009. "Model selection, estimation and forecasting in VAR models with short-run and long-run restrictions," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 688, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).
- Athanasopoulos, George & Guillen, Osmani Teixeira Carvalho & Issler, João Victor & Vahid, Farshid, 2010. "Model selection, estimation and forecasting in VAR models with short-run and long-run restrictions," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 704, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).
- Menzies Gordon Douglas & Zizzo Daniel John, 2009.
"Inferential Expectations,"
The B.E. Journal of Macroeconomics, De Gruyter, vol. 9(1), pages 1-27, December.
- Gordon  Menzies & Daniel John Zizzo, 2004. "Inferential Expectations," Economics Series Working Papers 187, University of Oxford, Department of Economics.
- Gordon Menzies & Daniel John Zizzo, 2005. "Inferential Expectations," Research Paper Series 159, Quantitative Finance Research Centre, University of Technology, Sydney.
- Gordon D. Menzies & Daniel John Zizzo, 2005. "Inferential Expectations," CAMA Working Papers 2005-12, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
- Antoine d'Autume, 1992.
"Coïntégration et modèles dynamiques,"
Économie et Prévision, Programme National Persée, vol. 106(5), pages 71-83.
- D'Autume, A., 1992. "Cointegration et Modeles Dynamiques," Papiers d'Economie Mathématique et Applications 92.42, Université Panthéon-Sorbonne (Paris 1).
- Antoine d'Autume, 1992. "Coïntégration et modèles dynamiques," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00430037, HAL.
- Anja Schöttner & Veikko Thiele, 2010.
"Promotion Tournaments and Individual Performance Pay,"
Journal of Economics & Management Strategy, Wiley Blackwell, vol. 19(3), pages 699-731, September.
- Schöttner, Anja & Thiele, Veikko, 2007. "Promotion tournaments and individual performance pay," SFB 649 Discussion Papers 2007-045, Humboldt University Berlin, Collaborative Research Center 649: Economic Risk.
- Guglielmo Maria Caporale & Juncal Cuñado & Luis A. Gil-Alana, 2013.
"Modelling long-run trends and cycles in financial time series data,"
Journal of Time Series Analysis, Wiley Blackwell, vol. 34(3), pages 405-421, May.
- Guglielmo Maria Caporale & Juncal Cunado & Luis A. Gil-Alana, 2008. "Modelling Long-Run Trends and Cycles in Financial Time Series Data," CESifo Working Paper Series 2330, CESifo.
- Luis A. Gil-Alana & Juncal Cuñado & Guglielmo Maria Caporale, 2012. "Modelling Long Run Trends and Cycles in Financial Time Series Data," Faculty Working Papers 13/12, School of Economics and Business Administration, University of Navarra.
- repec:spo:wpecon:info:hdl:2441/f0uohitsgqh8dhk9814kl7606 is not listed on IDEAS
- Pentti Saikkonen & Antti Ripatti, 2000.
"On the Estimation of Euler Equations in the Presence of a Potential Regime Shift,"
Manchester School, University of Manchester, vol. 68(s1), pages 92-121.
- Saikkonen, Pentti & Ripatti, Antti, 1999. "On the estimation of Euler equations in the presence of a potential regime shift," Bank of Finland Research Discussion Papers 6/1999, Bank of Finland.
- Marko Korhonen & Mikko Puhakka & Matti Viren, 2017.
"Economic hardship and suicides,"
International Journal of Social Economics, Emerald Group Publishing Limited, vol. 44(10), pages 1348-1360, October.
- Korhonen Marko & Puhakka Mikko & Viren Matti, 2015. "Economic hardship and suicides," Discussion Papers 105, Aboa Centre for Economics.
- Luigi Giamboni & Emanuele Millemaci & Robert J. Waldmann, 2013.
"Evaluating how predictable errors in expected income affect consumption,"
Applied Economics, Taylor & Francis Journals, vol. 45(28), pages 4004-4021, October.
- Giamboni, Luigi & Millemaci, Emanuele & Waldmann, Robert, 2007. "Evaluating how predictable errors in expected income affect consumption," MPRA Paper 12939, University Library of Munich, Germany.
- Jean-Bernard Chatelain & Kirsten Ralf, 2024.
"Wealth in the Quadratic Loss Function of the Ramsey Malinvaud Cass Koopmans Model of Optimal Savings,"
Revue d'économie politique, Dalloz, vol. 134(3), pages 371-390.
- Jean-Bernard Chatelain & Kirsten Ralf, 2024. "Wealth in the Quadratic Loss Function of the Ramsey Malinvaud Cass Koopmans Model of Optimal Savings [La richesse dans la fonction de perte quadratique du modèle d'épargne optimale de Ramsey, Malin," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-04612845, HAL.
- Jean-Bernard Chatelain & Kirsten Ralf, 2024. "Wealth in the Quadratic Loss Function of the Ramsey Malinvaud Cass Koopmans Model of Optimal Savings [La richesse dans la fonction de perte quadratique du modèle d'épargne optimale de Ramsey, Malin," Post-Print halshs-04612845, HAL.
- Jean-Bernard Chatelain & Kirsten Ralf, 2024. "Wealth in the Quadratic Loss Function of the Ramsey Malinvaud Cass Koopmans Model of Optimal Savings," Documents de travail du Centre d'Economie de la Sorbonne 24006, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:jindec:v:68:y:2020:i:1:p:156-190. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://www.blackwellpublishing.com/journal.asp?ref=0022-1821 .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.