«PRICE-DIVIDEND RATIO»に関連する英語の本
以下の図書目録から
price-dividend ratioの使いかたを見つけましょう。
price-dividend ratioに関する本と英語文献で使われた文脈を提供するための簡単な抜粋文。
1
The Wall Street Waltz: 90 Visual Perspectives, Illustrated ...
The solid line delineates the Dow's latest 12-month dividends multiplied by a
price/dividend ratio of 22.7. Notice that the line follows the Dow quite closely. This
shows that for the past 65 years, the Dow Jones Industrials sold for an average of
...
2
Handbook of Macroeconomics
Table 1 1 International stock prices and dividendsa a P/D is the mean price-
dividend ratio, o(p-d) is the standard deviation of the log price-dividend ratio in
natural units (not annualized percentage points). p(p-d) is the first-order
autocorrelation ...
John B. Taylor, Michael Woodford, 1999
3
NBER Macroeconomics Annual 1999
Recognizing this point, Heaton and Lucas discuss price-dividend and price-
earnings ratios for the S&P 500 index. Both ratios are high relative to historic
norms, but the price-dividend ratio is far more extreme; it is almost two-thirds
higher than ...
Ben S. Bernanke, Julio Rotemberg, 2000
4
Quantitative Financial Economics: Stocks, Bonds and Foreign ...
20 30 40 50 60 1954 19951995 −10 0 10 0 20 40 60 20012001 20002000
19991999 19981998 19961996 80 −40 −30 −20 P-D ratio E x c e s s R e t u r n
20022002 19741974 Certainly, given that the price–dividend ratio in the late
1990s is ...
Keith Cuthbertson, Dirk Nitzsche, 2005
5
Handbook of Econometrics
Vector autoregression We first consider a statistical decomposition of the price–
dividend ratio for each portfolio using vector autoregressions. To do this let y t ≡ [
dt − dt−1 p t −dt ] . We fit a VAR of the form yt = A0+A1yt−1+···+Alyt−l +Bwt where ...
James J. Heckman, Edward Leamer, 2007
Figure 3.8: Price-dividend decomposition We decompose the demeaned price-
dividend ratio, given by (PDt — A), into the contribution of expected returns, given
by B\[tt, the contribution of the persistent component of expected dividend growth
...
Jules H. van Binsbergen, 2008
7
Nonlinear Time Series Analysis of Economic and Financial Data
In the empirical work which follows, we show how the results are affected by
relaxing the constant price-dividend ratio assumption in various ways. We find
that, for the alternatives we examine, the conclusions are fairly robust. Therefore,
we ...
8
Handbook of Quantitative Finance and Risk Management
In this case, Equation (19.15) together with (19.14) implies that v0 < 0, which is
intuitive because a higher discount rate leads to a smaller price-dividend ratio.
Panels A and B of Table 19.2 report, for the scenarios considered in Table 19.1
for ...
Cheng-Few Lee, John Lee, 2010
9
Financial Markets and the Real Economy
If price–dividend ratios vary at all, then, then either (1) price–dividend ratios
forecast dividend growth (2) price– dividend ratios forecast returns or (3) prices
must follow a “bubble” in which the price–dividend ratio is expected to rise
without ...
10
Handbook of Econometrics
Zvi Griliches, Robert F. Engle, Michael D. Intriligator, Daniel McFadden. 4.2.1.
Vector autoregression We first consider a statistical decomposition of the price–
dividend ratio for each portfolio using vector autoregressions. To do this let yt ≡ [
d t ...
Zvi Griliches, Robert F. Engle, Michael D. Intriligator, 1994
用語«PRICE-DIVIDEND RATIO»を含むニュース項目
国内外の報道機関が語った内容や、次のニュース項目の文脈から
price-dividend ratioという用語がどのように使われているかを調べてみましょう。
Can Uncertainty Be a Good Thing for Investors?
With good uncertainty, for instance, the price-dividend ratio, a commonly used valuation ratio in finance, rises, and the effect persists for a ... «Knowledge@Wharton, 6月 15»
You Say Bubble, I Say Fluctuating Risk Premia
And the return forecasts are enough to exactly account for price-dividend ratio volatility! Finally, the debate over “bubbles” can start to make ... «EconoMonitor, 11月 13»
A good buy?
... decompose the achieved equity return into the key factors; the dividend yield, real dividend growth and changes in the price-dividend ratio. «The Economist, 3月 12»
