In this episode, I have three guests on the show with me: Kewei Hou of Ohio State University, Chen Xue of the University of Cincinnati, and Lu Zhang of Ohio State University.
Kewei, Chen, and Lu have coauthored a paper titled “Replicating Anomalies,” a large-scale replication study that re-tests hundreds of so-called “anomalies” in financial markets. An anomaly is a predictable pattern in stock returns, or stated differently, it is a deviation from the efficient markets hypothesis. (more…)
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