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PDF-ExplainingmarketpricebehavioroftheUScapitalstockisamongthemostfundamen PDF document

1SeeCochrane2005andKoijenandVanNieuwerburgh2010forsurveysofreturnandcash owpredictabilityevidence1 crosssectionalregressionsofassetspricedividendratioson rmspeci cregressioncoecientsestimat

1SeeCochrane(2005)andKoijenandVanNieuwerburgh(2010)forsurveysofreturnandcash owpredictabilityevidence.1 cross-sectionalregressionsofassets'price-dividendratioson rm-speci cregressioncoe-cientsestimat

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