Are stock prices too volatile to be justified by the dividend discount model?
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DOI: 10.1016/j.physa.2006.10.097
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Citations
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Cited by:
- Magomet Yandiev, 2011. "The Damped Fluctuations as a Base of Market Quotations," Working Papers 0003, Moscow State University, Faculty of Economics.
- Muhammad Asghar & Syed Zulfiqar Ali Shah & Kashif Hamid & Muhammad Tahir Suleman, 2011. "Impact of Dividend Policy on Stock Price Risk: Empirical Evidence from Equity Market of Pakistan," Far East Journal of Psychology and Business, Far East Research Centre, vol. 4(4), pages 45-52, July.
- Alqahtani, Abdullah & Selmi, Refk & Hongbing, Ouyang, 2021. "The financial impacts of jump processes in the crude oil price: Evidence from G20 countries in the pre- and post-COVID-19," Resources Policy, Elsevier, vol. 72(C).
- Zhang, Wei & Zhou, Zhong-Qiang & Xiong, Xiong, 2019. "Behavioral heterogeneity and excess stock price volatility in China," Finance Research Letters, Elsevier, vol. 28(C), pages 348-354.
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Keywords
Asset pricing; Variance bounds; Dividend discount model; Market efficiency; Excess volatility;All these keywords.
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