Academic Papers

The equity share in new issues and aggregate stock returns
Malcolm Baker
Harvard University
Jeffrey Wurgler
Yale School of Management
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What are stock investors' actual historical returns? Evidence from dollar-weighted returns
Ilia D. Dichev
Stephen M. Ross School of Business
University of Michigan
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Cross Sectional Variation in Stock Returns: Liquidity and Idiosyncratic Risk
Matthew Spiegel & Xiaotong Wang
Yale School of Management
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