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Financial markets / Mathematical finance / Economic theories / Valuation / Cost of capital / Value investing / General equilibrium theory / Supply and demand / Labour economics / Economics / Financial economics / Finance
Date: 2006-11-20 10:43:54
Financial markets
Mathematical finance
Economic theories
Valuation
Cost of capital
Value investing
General equilibrium theory
Supply and demand
Labour economics
Economics
Financial economics
Finance

THE JOURNAL OF FINANCE • VOL. LX, NO. 1 • FEBRUARY[removed]The Value Premium LU ZHANG∗ ABSTRACT The value anomaly arises naturally in the neoclassical framework with rational expectations. Costly reversibility and co

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