Stock - Publications - Faculty & Research

10 Apr 2008
News

Stocks may fall, but execs' pay doesn't

19 Jan 2009
News

Sour stock market stalls initial public offerings

1987
Working Paper

Tests of Excess Forecast Volatility in the Foreign Exchange and Stock Markets

Simple regression tests that have power against the alternatives that asset prices and expected future asset returns are excessively volatile are developed and performed for the foreign exchange and stock markets. These tests have a number of advantages over... View Details

Keywords: Risk Aversion; Risk; International Investing; International Finance; Risk and Uncertainty; Asset Pricing; Financial Markets; Investment; Behavioral Finance; Volatility

Citation

May – June 1981
Article

Is Your Stock Worth Its Market Price?

By: W. E. Fruhan Jr. and Thomas R. Piper

Keywords: Stocks; Price; Value

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spring 1974
Article

The Optimality of a Competitive Stock Market

By: Robert C. Merton and Marti G. Subrahmanyam

Keywords: Competition; Stocks; Markets

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January 1987
Article

Dividend Behavior for the Aggregate Stock Market

By: Terry A. Marsh and Robert C. Merton

Keywords: Behavior; Stocks; Markets

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05 Mar 2015
News

Cramer’s stocks to watch: Exxon’s 15-year plan

September 2008
Article

Does Innovation Cause Stock Market Runups? Evidence from the Great Crash

By: Tom Nicholas

This article examines the stock market's changing valuation of corporate patentable assets between 1910 and 1939. It shows that the value of knowledge capital increased significantly during the 1920s compared to the 1910s as investors responded to the quality of... View Details

Keywords: History; Technological Innovation; Patents; Stocks; Valuation; Financial Crisis; Financial Services Industry; United States

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March 16, 2003
Article

Footnote Reporting Distorts Impact of Stock Options

By: Zvi Bodie, Robert S. Kaplan and Robert C. Merton

Keywords: Financial Instruments; Reports; Stocks

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05 Sep 2019
Working Paper Summaries

The Value of Intermediation in the Stock Market

Keywords: by Marco Di Maggio, Mark Egan, and Francesco Franzoni

11 Aug 2011
News

Fluor Joins Softbank as Companies Buy Back Stock in Slump

August 2016
Article

The Activities of Buy-Side Analysts and the Determinants of Their Stock Recommendations

By: Lawrence D. Brown, Andrew C. Call, Michael B. Clement and Nathan Y. Sharp

We survey 344 buy-side analysts from 181 investment firms and conduct 16 detailed follow-up interviews to gain insights into the activities of buy-side analysts, including the determinants of their compensation, the inputs to their stock recommendations, their beliefs... View Details

Keywords: Analysis; Human Capital; Compensation and Benefits; Stocks; Financial Services Industry

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