内容

目次

Volume 1. Part 1 Forecasting earnings: earnings forecasting research -its implications for capital markets research, Lawrence D. Brown. Time seriesmodels: univariate time-series models of quarterly accounting earnings pershare - a proposed model, Lawrence D. Brown and Michael S. Rozeff; theinformation content of security prices, William Beaver, Richard Lambert andDale Morse; the information content of nonearnings accounting numbers asearnings predictors, Jan A. Ou. Judgement and behavior: security analystsuperiority relative to univariate time-series models in forecastingquarterly earnings, Lawrence D. Brown, Robert L. Hagerman, Paul A. Griffinand Mark E. Zmijewski; do security analysts overreact?, Werner F.M. de Bondtand Richard H Thaler; biases in analyst forecasts - cognitive, strategic orsecond-best?, Gunter Loffler; are financial analysts' forecasts of corporateprofits rational?, Michael P. Keane and David E. Runkle. Part 2 Forecastingbankruptcy: financial ratios, discriminant analysis and the prediction ofcorporate bankruptcy, Edward I. Altman; corporate distress diagnosis -comparisons using linear discriminant analysis and neural networks (theItalian experience), Edward I Altman, Giancarlo Marco and Franco Varetto;predicting bank failures - a neural network approach, Kar Yan Tam and MelodyKiang; introducting recursive partitioning for financial classification - thecase of financial distress, Halina Frydman, Edward I Altman and Duen-Li Kao;a comparative analysis of current credit risk models, Michel Crouhy, DanGalai and Robert Mark. Part 3 Forecasting stock prices: stock marketforecasting, Alfred Cowles; an analysis of brokers' and analysts' unpublishedforecasts of UK stock returns, Elroy Dimson and Paul Marsh; the crash of '87- was it expected? the evidence from options markets, David S. Bates.Statistical models: business doncitions and expected returns on stocks andbonds, Eugene F. Fama and Kenneth R. French; forecasting stock returns - anexamination of stock market trading in the presence of transaction costs, M.Hashem Pesaran and Allan Timmermann; economic factors and the stock market -a new perspective, Min Qi and G.S. Maddala; forecasting stock indices - acomparison of classification and level estimation models, Mark T. leung,Hazem Daouk and An-Sing Chen. Technical analysis: price movements inspeculative markets, Sidney S. Alexander; simple technical trading rules andthe stochastic properties of stock returns, William Brock, Josef Lakonishokand Blake LeBaron, the Dow theory - William Peter Hamilton's track recordreconsidered, Stephen J. Brown, William N. Goetzmann and Alok Kumar. (Partcontents).