Why Does Stock Market Volatility Change Over Time?
- G. Schwert
- Economics, Business
- 1 December 1988
This paper analyzes the relation of stock volatility with real and nominal macroeconomic volatility, financial leverage, stock trading activity, default risk, and firm profitability using monthly…
Expected stock returns and volatility
- K. French, G. Schwert, R. Stambaugh
- Economics, Business
- 1 September 1987
Potential GNP: Its measurement and significance: A dissenting opinion
- Charles I. Plosser, G. Schwert
- Political Science
- 1979
Markup Pricing in Mergers and Acquisitions
- G. Schwert
- Business
- 1 June 1996
Hostility in Takeovers: In the Eyes of the Beholder?
- G. Schwert
- Business
- 1 April 1999
This paper examines whether hostile takeovers can be distinguished from friendly takeovers, empirically, based on accounting and stock performance data. Much has been made of this distinction in both…
Tests for Unit Roots: a Monte Carlo Investigation
- G. Schwert
- Mathematics
- 1 December 1988
Recent work by Said and Dickey (1984 ,1985) , Phillips (1987), and Phillips and Perron(1988) examines tests for unit roots in the autoregressive part of mixed autoregressive-integrated-moving average…
Asset returns and inflation
- E. Fama, G. Schwert
- Economics
- 1 November 1977
Poison or Placebo? Evidence on the Deterrent and Wealth Effects of Modern Antitakeover Measures
- Robert Comment, G. Schwert
- Law
- 1 April 1993
Alternative Models for Conditional Stock Volatility
- Adrian Pagan, G. Schwert
- Economics
- 1 May 1989
IPO Market Cycles: Bubbles or Sequential Learning?
- Michelle Lowry, G. Schwert
- Business
- 1 October 2000
Both IPO volume and average initial returns are highly autocorrelated. Further, more companies tend to go public following periods of high initial returns. However, we find that the level of average…
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