http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1754388
Mukul PAL, CMT,
CEO, Orpheus Capitals
e-mail: mukul@orpheus.asia
Adrian Mitroi, CFA, Phd
CFO, MKB Nextebank
e-mail: adrian.mitroi0@gmail.com
Megh Shah, B.E.
Masters in Satistical Science
e-mail: m5shah@students.latrobe.edu.au
Abstract:
Robert Shiller’s "Paper on The Volatility of Stock markets Prices", published in 1987 uses dividend data and real interest rates to seek evidence that true investment value changes through time sufficiently to justify the price changes. His paper concluded that most of the volatility of the...
