Predicting Stock Returns

Implications for Asset Pricing

Authors: McMillan, David

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  • Uses advanced econometric techniques
  • Brings together current research in the area of asset pricingExamines the relationship between stocks and bonds
  • Contributes to improved theoretical models
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eBook 44,02 €
price for Germany (gross)
  • ISBN 978-3-319-69008-7
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
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  • Immediate eBook download after purchase
Hardcover 58,84 €
price for Germany (gross)
  • ISBN 978-3-319-69007-0
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover 58,84 €
price for Germany (gross)
  • ISBN 978-3-319-88700-5
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
About this book

This book provides a comprehensive analysis of asset price movement. It examines different aspects of stock return predictability, the interaction between stock return and dividend growth predictability, the relationship between stocks and bonds, and the resulting implications for asset price movement. By contributing to our understanding of the factors that cause price movement, this book will be of benefit to researchers, practitioners and policy makers alike. 

About the authors

David G. McMillan is a Professor of Finance at the University of Stirling, UK. His research interests are in empirical financial economics, and include forecasting asset returns and volatility, modelling the linkages between asset prices and macroeconomic variables and examining the behaviour of financial and investor ratios. David has published widely on these topics in internationally respected peer-reviewed journals such as the Journal of Banking and Finance and the Oxford Bulletin of Economics and Statistics. He is a senior editor for the Cogent Economics and Finance and Cogent Business and Management journals and sits of the editorial board of several internationally respected journals, including the European Journal of Finance and the Journal of Asset Management.

Table of contents (7 chapters)

Table of contents (7 chapters)
  • Introduction

    McMillan, David G.

    Pages 1-7

  • Where Does Returns and Cash-Flow Predictability Occur? Evidence from Stock Prices, Earnings, Dividends and Cointegration

    McMillan, David G.

    Pages 9-26

  • Forecasting Stock Returns—Historical Mean Vs. Dividend Yield: Rolling Regressions and Time-Variation

    McMillan, David G.

    Pages 27-56

  • Returns and Dividend Growth Switching Predictability

    McMillan, David G.

    Pages 57-75

  • Which Variables Predict and Forecast Stock Market Returns?

    McMillan, David G.

    Pages 77-101

Buy this book

eBook 44,02 €
price for Germany (gross)
  • ISBN 978-3-319-69008-7
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover 58,84 €
price for Germany (gross)
  • ISBN 978-3-319-69007-0
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover 58,84 €
price for Germany (gross)
  • ISBN 978-3-319-88700-5
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
Predicting Stock Returns
Book Subtitle
Implications for Asset Pricing
Authors
Copyright
2018
Publisher
Palgrave Pivot
Copyright Holder
The Editor(s) (if applicable) and The Author(s)
eBook ISBN
978-3-319-69008-7
DOI
10.1007/978-3-319-69008-7
Hardcover ISBN
978-3-319-69007-0
Softcover ISBN
978-3-319-88700-5
Edition Number
1
Number of Pages
XIII, 136
Number of Illustrations
2 b/w illustrations, 5 illustrations in colour
Topics