Historical High and Stock Index Returns: Application of the Regression Kink Model
碩士 === 銘傳大學 === 財務金融學系碩士班 === 105 === Motivated by Kahneman and Tversky (1979) and Yuan (2015), this paper investigates whether the influence of the historical high ratio on subsequent stock index returns varies with the distance of the current stock index to its historical high. To explore this iss...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Others |
| Language: | en_US |
| Published: |
2017
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| Online Access: | http://ndltd.ncl.edu.tw/handle/04291246344795187799 |