The University of Southampton
University of Southampton Institutional Repository

Stock return predictability or mismeasured risk?

Clare, A., Priestley, R. and Thomas, S. (1997) Stock return predictability or mismeasured risk? Applied Financial Economics, 7, (6), pp. 679-687. (doi:10.1080/758533860).

Record type: Article


We investigate the predictable component of excess returns in German, Japanese, UK and US aggregate stock indices, finding evidence to suggest that the frequently documented predictable component in excess returns is predominantly due to a failure in previous research to consider risk.

Full text not available from this repository.

More information

Published date: 1997


Local EPrints ID: 37375
ISSN: 0960-3107
PURE UUID: c0eff43c-5fea-4352-bf27-dd948c4c655b

Catalogue record

Date deposited: 09 Feb 2007
Last modified: 17 Jul 2017 15:42

Export record



Author: A. Clare
Author: R. Priestley
Author: S. Thomas

University divisions

Download statistics

Downloads from ePrints over the past year. Other digital versions may also be available to download e.g. from the publisher's website.

View more statistics

Atom RSS 1.0 RSS 2.0

Contact ePrints Soton:

ePrints Soton supports OAI 2.0 with a base URL of

This repository has been built using EPrints software, developed at the University of Southampton, but available to everyone to use.

We use cookies to ensure that we give you the best experience on our website. If you continue without changing your settings, we will assume that you are happy to receive cookies on the University of Southampton website.