dc.date.accessioned | 2019-01-08T13:53:29Z | |
dc.date.available | 2019-01-08T13:53:29Z | |
dc.date.issued | 2012 | |
dc.identifier.uri | http://hdl.handle.net/11250/2579733 | |
dc.description.abstract | In this note, we review the theory and empirical evidence of the value effect. The value effect is the excess return that a portfolio of value stocks (stocks with a low market value relative to fundamentals) has, on average, earned over a portfolio of growth stocks (stocks with a high market value relative to fundamentals). We will focus our attention in this note on the existence of a value effect in equity markets. | nb_NO |
dc.language.iso | eng | nb_NO |
dc.publisher | Norges Bank Investment Management | nb_NO |
dc.relation.ispartofseries | Discussion note;16/2012 | |
dc.relation.ispartofseries | Diskusjonsnotat;16/2012 | |
dc.rights | Attribution-NonCommercial-NoDerivatives 4.0 Internasjonal | * |
dc.rights.uri | http://creativecommons.org/licenses/by-nc-nd/4.0/deed.no | * |
dc.title | The Value Effect | nb_NO |
dc.title.alternative | Notat om verdieffekten | nb_NO |
dc.type | Others | nb_NO |
dc.description.version | publishedVersion | nb_NO |
dc.subject.nsi | VDP::Samfunnsvitenskap: 200::Økonomi: 210 | nb_NO |
dc.source.pagenumber | 29 | nb_NO |