We excluded financial institutions from the sample, as in the method proposed by Fama
& French (1993) and followed by Carhart (1997), as well as stocks that did not present: 1) consecutive monthly quotations for a period of 12 months after the formation of the portfolios; 2) market value on December 31st and June 30th of all the years analyzed; and 3) positive net worth on December 31st of all the years analyzed.
En segundo lugar, la inclusion del heroe sirve como metafora de la translatio de poder, mediante la adaptacion y la transformacion castellanizada de las etapas de la caballeria que representan los Nueve de la Fama
, Hansen and Shiller will share the prize sum of $1.
Portraits of US economic scientists (L-R) Eugene F Fama
, Lars Peter Hansen and Robert J Shiller are displayed on a monitor during a press conference to announce the Nobel laureates in Economic Sciences 2013 at the Royal Swedish Academy of Sciences, Stockholm
En el primero da unas pinceladas de la vida de Pio IX, para en los restantes desarrollar la historia del proceso: la fama
de santidad desde su muerte hasta la apertura de la causa en 1907 (segundo capitulo); desde 1907 hasta la muerte de Pio XI en 1939 (tercer capitulo); y desde 1939 hasta el 2000 (cuarto capitulo).
A heavily supported 5-2 favourite at Ripon, Fama
Mac found only Bosun Breeze, who went on to win his next three races, too good, running on strongly towards the end and giving the distinct impression he would be ideally suited by a step up to six furlongs.
Conforme os proprios Fama
e French (1996, 2004), o modelo de tres fatores captura a maior parte das anomalias nao assimiladas pelo fator mercado, exceto a anomalia denominada momento.
Oilsands Quest Inc has entered into a purchase and sale Agreement with FAMA
and the transaction, subject to normal closing conditions, is anticipated to close on or before 23 March 2012.
is conceptualized as both an objective extratextual property of events which particular texts draw on (famam rerum gestarum .
Extranjeros como Carlos Reinoso, Miguel Marin, Evanivaldo Castro "Cabinho" yjose Saturnino Cardozo, se ganaron a toda ley su lugar en el Salon de la Fama
In their critique of the CAPM, Fama
and French (1992) noted that the linear relationship between the expected return of an asset and the market portfolio risk disappeared between 1963 and 1991.
In addition, we find that the fact that the definition of return contains the book to market ratio and market size (and thus the Fama
and French (1993) mimicking factors) from two successive time periods offers a partial explanation for the well known serial correlation of returns (e.