The Value Effect

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

Except where otherwise noted, this item's license is described as Attribution-NonCommercial-NoDerivatives 4.0 Internasjonal