Value and patience: The value premium in a dividend-growth model with hyperbolic discounting
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DOI: 10.1016/j.jebo.2020.01.028
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More about this item
Keywords
Value premium; International evidence; Gordon growth model; Hyperbolic time discounting; Dynamically inconsistent preferences;All these keywords.
JEL classification:
- G12 - Financial Economics - - General Financial Markets - - - Asset Pricing; Trading Volume; Bond Interest Rates
- G15 - Financial Economics - - General Financial Markets - - - International Financial Markets
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