Browsing คณะและวิทยาลัย by Subject "Model specification and estimation"
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(National Institute of Development Administration, 2020)
The stock return predictability still be a puzzle in the financial economics society that have not yet solved for several decades. Some of them believe that they are predictable, and that stakeholders are able to ensure opportunities to allocate their assets in advance while others disagree and believe in stock market efficiency. In spite of the fact that a number of researchers that have recognized the predictive model as fact, there are still some doubts in terms of econometric issues. Econometricians generally agree that the predictive ...