Rational Expectation Tests on Financial Analysts' Earnings Forecasts

The aim of this dissertation is to test whether analysts can efficiently use the publicly available information to make earning forecasts rational or not. Rational expectation tests are based on United Kingdom stock market data. It indicates the performance of the analyst's earning forecast dur...

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Bibliographic Details
Main Author: Zhao, Yi
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2008
Online Access:https://eprints.nottingham.ac.uk/22022/