Литература no проблемам теории эффективного рынка
Abarbanell, J. (1991) Do Analysts Forecasts Incorporate Information in Prior Stock Price Changes? Journal of Accounting and Economics, Vol. 14, 147-165.
Abarbanell, J., Bernard, V. (1992) Tests of Analysts Overreaction/Underreaction to Earnings Information as an Explanation for Anomalous Stock Price Behavior. Journal of Finance, Vol. 47, 1181-1207.
Alexander, S. (1961) Price Movements in Speculative Markets: Trends or Random Walks. Industrial Management Review, Vol. 2, pp. 7-26.
Alexander, S. (1964) Price Movements in Speculative Markets: Trends or Random Walks.
Allen, F., Gale, D. (1992) Stock Price Manipulation. Review of Financial Studies, Vol. 5, pp. 503-529.
Amir, E., Ganzach, Y. (1998) Overreaction and Underreaction in Analysts Forecasts. Journal of Economic Behavior & Organization, \bl. 37, pp. 333-347.
Bachelier, L (1964). Theory of Speculation. In Paul Cootaer (editor). The Random Character of Stock Market Prices. Cambridge, MA: MIT Press, pp. 17-75. (Originally submitted as doctoral dissertation to the Faculty of Sciences of the Academy of Paris, 1900.)
Baker, M., Wurgler, J. (2000) The Equity Share in New Issues and Aggregate Stock Returns. Journal of Finance, Vol. 55, pp. 2219-2257.
Ball, R. (1995) The Theory of Stock Market Efficiency: Accomplishments and Limitations. Journal of Applied Corporate Finance, Vol. 8, pp. 4-17.
Banerjee, A. (1992) A Simple Model of Herd Behavior. Quarterly Journal of Economics, Vol. 107, pp. 797-818.
Barber, В., Griffin, P., Lev, B. (1994) The Fraud-on-the-Market Theory and the Indicators of Common Stocks Efficiency. Journal of Corporate Law, Vol. 19, pp. 285-312.
Barber, B. (1994) Noise Trading and Prime and Score Premiums. Journal of Empirical Finance, Vol. 1, pp. 251-278.
Barberis, N., Shieifer, A., Vishny, R. (1998) A Model of Investor Sentiment. Уоита/ of Financial Economics, Vol. 49, pp. 301-343.
Barsky, R., DeLong, B. (1990) Bull and Bear Markets in the Twentieth Century. Journal of Economic History, Vol. 50, pp. I-17.
Barsky, R., DeLong, B. (1993) Why Does the Stock Market Fluctuate? Quarterly Journal of Economics, Vol. 108, pp. 291-312.
Baytas, A., Cakisi, N. (1999) Do Markets Overreact: International Evidence. Journal of Banking and Finance, Vol. 23, pp. 1121-1144.
Beltratti, A., Shiller, R. (1993) Actual and Warranted Relations Between Asset Prices. Oxford Economic Papers, Vol. 45, pp. 387-402.
Bernard, V., Thomas, J. (1989) Post-earnings Announcement Drift: Delayed Price Response or Risk Premium? Journal of Accounting Research, Vol. 27, pp. 1-36.
Bernard, V, Thomas, J. (1990) Evidence that Stock Prices Do Not Fully Reflect the Implications of Current Earnings for Future Earnings. Journal of Accounting and Economics, Vol. 13, pp. 305-341.
Wang, F. (1997) Overconfidence, Delegated Fund Management, and Survival. Unpublished paper, Columbia University, presented at the NBER-Sage Workshop on Behavioral Finance, Cambridge, MA.
Bernstein, Р. (1992) Capital Ideas: The Improbable Origins of Modern Wall Street. New York: The Free Press.
Bernstein, P. (1996) Against the Gods: The Remarkable Story of Risk Management. New York: John Wiley&Sons.
Bernstein, P. (1998) Where, Oh Where Are the .400 Hitters of Yesteryear? Financial Analysts Journal, November/December, pp.6-14.
Bernstein, P. (1999) The Efficient Market Offers Hope to Active Management. Journal of Applied Corporate Finance, Vol. 12, pp. 129-136.
Biais, В., Shadur, R. (1999) Darwinian Selection Does Not Eliminate Irrational Traders. European Economic Review, Vol. 44, pp. 469-490.
Bikhchandani, S., Hirshleifer, D., Welch, I. (1992) A Theory of Fads, Fashion, Custom, and Cultural Change as Informational Cascades. Journal of Political Economy, Vol. 100, pp. 992-1026.
Bikhchandani, S., Hirshleifer, D., Welch, I. (1998) Learning from the Behavior of Others: Conformity, Fads, and Informational Cascades. Journal of Economic Perspectives, Vol. 12, pp. 151-170.
Black, F. (I97I) Toward a Fully Automated Stock Exchange. Financial Analysts Journal, July-August, pp. 29-44.
Black, E (1986) Noise. Journal of Finance, Vol. 41, pp. 529-543.
Blanchard, O. (1979) Speculative Bubbles, Crashes and Rational Expectations. Economic Letters, Vol. 3, pp. 387-389.
Blanchard, O. (1993) Movements in the Equity Premium. Brookings Papers on Economic Activity, Vol. 2, pp. 75-138.
Blanchard, O., Rhee, C, Summers, L. (1993) The Stock Market, Profit, and Investment. Qimrterly Journal of Economics, Vol. 107, pp. 115-136.
Blanchard, O., Watson, M. (1982) Bubbles, Rational Expectations and Financial Markets. In Wachtel, P. (ed.) Crises in the Economic and Financial Structure. Lexington, MA: Lexington Books.
Bloomfield, R., Libby, R., Nelson, M. (20(Ю) Underreactions, Overreactions and Moderated Confidence. Journal of Financial Markets, Vol. 3, pp. 113-137.
Brailsford, T. (1992) A Test for the Winner-Loser Anomaly in the Australian Equity Market: 1958-1987. Journal of Business Finance and Accounting, Vol. 19, pp. 225-241.
Brown, K., Harlow, W., Tmic, S. (1988) Risk Aversion, Uncertain Information, and Market Efficiency. Journal of Financial Economics, Vol. 22, pp. 355-385.
Brown, K., Harlow, W., Tmic, S. (1989) How Rational Investors Deal with Uncertainty (or reports of the death of efficient markets theory are greatly exaggerated). Journal of Applied Corporate Finance, Vol. 2, pp. 45-58.
Brown, S., Goetzmann, W., Kumar, A. (1998) The Dow Theory: William Peter Hamiltons Track Record Reconsidered. Journal of Finance, Vol. 53, pp. 1311- 1333.
Campbell, J., Hamao, Y. (1992) Predictable Stock Returns in the United States and Japan: A Study of Long-Term Capital Market Integration. Journal of Finance, Vol. 47, pp. 43-69.
Campbell, J., Kyle, A. (1993) Smart Money, Noise Trading and Stock Price Behaviour. Review of Economic Studies, Vol. 60, pp. 1-34.
Campbell, J., Shiller, R. (1987) Cointegration and Tests of Present Value Models. Journal of Political Economy, Vol. 95, pp. 1062-1088.
Campbell, J., Shiller, R. (1988) Interpreting Cointegrated Models. Journal of Economic Dynamics and Control, Vol. 12, pp. 505-522.
Campbell J., Shiller, R. (1988) The Dividend-Price Ratio and Expectations of Future Dividends and Discount Factors. Review of Financial Studies, Vol. 1, pp. 195-228.
Campbell, J., Shiller, R. (1998) Valuation Ratios and the Long-Run Stock Market Outlook. Journal of Portfolio Management, Vol. 25, pp. 11-26.
Campbell, J., Cochrane, J. (1999) By Force of Habit: A Consumption-Based Explanation of Aggregate Stock Market Behavior. Journal of Political Economy, Vol. 107, pp. 205-251.
Chan, K.C. (1988) On the Contrarian Investment Strategy. Journal of Business, Vol. 61, pp. 147-163.
Cochrane, J. (1988) How Big Is the Random Walk in GNPl Journal of Political Economy, Vol. 96, pp. 893-920.
Cochrane, J. (1991) Volatility Tests and Efficient Markets: A Review Essay. Journal of Monetary Economics, Vol. 27, pp. 463-485.
Cochrane, J. (1992) Explaining the Variance of Price-Dividend Ratios. Review of Financial Studies, Vol. 5, pp. 243-280.
Cochrane, J. (1994) Permanent and Transitory Components of GNP and Stock Prices. Quarterly Journal of Economics, Vol. 108, pp. 241-265.
Cochrane, J. (1994) Shocks. Carnegie-Rochester Conference Series on Public Policy, Vol. 41, pp. 295-364.
Cochrane, J. (1997) Where is the Market Going?UncertainFacts and Novel Theories. Ecorwmics Perspectives, Federal Reserve Bank of Chicago, Vol. 21, pp. 3-37.
Cochrane, J. (1999) New Facts in Finance. Economics Perspectives, Federal Reserve Bank of Chicago, Vol. 23, pp. 36-58.
Cootner, P. (1962) Stock Prices: Random vs. Systematic Changes. Industrial Management Review, Vol. 3, pp. 24-45.
Cootner, R (1964) The Random Character of Stock Prices. Cambridge, MA: MIT Press.
Cornell, В., Roll, R. (1981) Strategies for Pairwise Competitions in Markets and Organizations. Bell Journal of Economics, Vol. 12, pp. 201-216.
Cowles, A. (1933) Can Stock Market Forecasters Forecast? Econometrica, Vol. 1, pp. 309-324.
Cowles, A. (1944) Stock Market Forecasting. Econometrica, Vol. 12, pp. 206- 214.
Cowles, A. (1960) A Revision of Previous Conclusions Regarding Stock Price Behavior. Econometrica, Vol. 28, pp. 909-915.
Cowles, A., Jones, H. (1937) Some A Posteriori Probabilities in Stock Market Prices. Econometrica, Vol. 5, pp. 280-294.
Cutler, D., Poterba. J., Summers, L (1989) What Moves Stock Prices? Journal of Portfolio Management, Vol. 15, pp. 4-12.
Dann, L, Mayers, D., Raab, R. (1977) Trading Rules, Lai;ge Blocks and the Speed of Price Adjustment. Journal of Financial Economics, Vol. 4, pp. 3-22.
Daniel, K., Hirshleifer, D., Subrahmanyam, A. (1998) Investor Psychology and Security Market Under-and Overreaction. Journal of Finance, Vol. 53, pp. 1839- 1885.
Daniel, K., Titman, S. (1999) Market Efficiency in an Irrational Worid. FinandaZ Analysts Journal, Vol. 55, pp. 28-40.
DeBondt, W. (1991) What Do Economists Khow About Stock Market? Journal of Portfolio Management, Vol. 17, pp. 84-91.
DeBondt, W., Thaler, R. (1985) Does the Stock Market Overreact? Journal of Finance, Vol. 40, pp. 793-808.