The present value model of stock prices under rational and adaptive expectation: a bursa Malaysia case
The study of expectation formation has been one of the most important developments in econometric. Expectation formation has been used rigorously in various fields such as macroeconomic and financial market. Two of the most famous expectation hypotheses are the rational and adaptive expectation. Rat...
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| Format: | Academic Exercise |
| Language: | English |
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2006
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| Online Access: | http://eprints.ums.edu.my/20240/ http://eprints.ums.edu.my/20240/1/The%20present%20value%20model%20of%20stock%20prices%20under%20rational%20and%20adaptive%20expectation.pdf |