EconPapers    
Economics at your fingertips  
 

The Duration of the Adjustment Process of Financial Ratios: Further Remarks

Harry Zvi Davis and Yoram C Peles

The Review of Economics and Statistics, 1992, vol. 74, issue 3, 557-59

Abstract: In a recent paper, Yoram C. Peles and Meir I. Schneller (1989) ignore the sampling autocorrelation bias. A replication of their work that removes the bias changes their results. With the bias removed, there is no evidence that their three long-term ratios follow an adjustment process. Copyright 1992 by MIT Press.

Date: 1992
References: Add references at CitEc
Citations Track citations by RSS feed

Downloads: (external link)
http://links.jstor.org/sici?sici=0034-6535%2819920 ... 0.CO%3B2-N&origin=bc full text (application/pdf)
Access to full text is restricted to JSTOR subscribers. See http://www.jstor.org for details.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:tpr:restat:v:74:y:1992:i:3:p:557-59

Ordering information: This journal article can be ordered from
https://mitpressjour ... rnal/?issn=0034-6535

Access Statistics for this article

The Review of Economics and Statistics is currently edited by Amitabh Chandra, Olivier Coibion, Bryan S. Graham, Shachar Kariv, Amit K. Khandelwal, Asim Ijaz Khwaja, Brigitte C. Madrian and Rohini Pande

More articles in The Review of Economics and Statistics from MIT Press
Bibliographic data for series maintained by Ann Olson ().

 
Page updated 2018-11-16
Handle: RePEc:tpr:restat:v:74:y:1992:i:3:p:557-59