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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


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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Document Date: 2006-11-20 10:43:54


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