To understand the debate surrounding the predictability of stock market returns, particularly in the context of Fama’s Efficient Market Hypothesis (EMH) versus the claims made by Lettau and Ludvigson (2001). …
To understand the debate surrounding the predictability of stock market returns, particularly in the context of Fama’s Efficient Market Hypothesis (EMH) versus the claims made by Lettau and Ludvigson (2001). …