Harvard University. I thank Alberto Ades, Judith Chevalier, Kenneth Froot, Edward Glaeser, Gikas Hardouvelis, Steven Kaplan, Florencio López-de-Silanes, Patricia O'Brien, two anonymous referees, René Stulz, Thierry Wizman, and participants of the Chicago Finance Seminar for their helpful comments. I am deeply grateful to Andrei Shleifer for guidance and support and to Robert Vishny for many useful discussions. I gratefully acknowledge the contribution of I/B/E/S International Inc. for providing earnings forecast data, available through the Institutional Brokers Estimate System. This data has been provided as part of a broad academic program to encourage earnings expectations research. I thank Patricia Martin for editorial assistance.
Expectations and the Cross-Section of Stock Returns
Article first published online: 30 APR 2012
1996 The American Finance Association
The Journal of Finance
Volume 51, Issue 5, pages 1715–1742, December 1996
How to Cite
LA PORTA, R. (1996), Expectations and the Cross-Section of Stock Returns. The Journal of Finance, 51: 1715–1742. doi: 10.1111/j.1540-6261.1996.tb05223.x
- Issue published online: 30 APR 2012
- Article first published online: 30 APR 2012
Options for accessing this content:
- If you are a society or association member and require assistance with obtaining online access instructions please contact our Journal Customer Services team.
- If your institution does not currently subscribe to this content, please recommend the title to your librarian.
- Login via other institutional login options http://onlinelibrary.wiley.com/login-options.
- You can purchase online access to this Article for a 24-hour period (price varies by title)
- If you already have a Wiley Online Library or Wiley InterScience user account: login above and proceed to purchase the article.
- New Users: Please register, then proceed to purchase the article.
Login via OpenAthens
Search for your institution's name below to login via Shibboleth.
Registered Users please login:
- Access your saved publications, articles and searches
- Manage your email alerts, orders and subscriptions
- Change your contact information, including your password
Please register to:
- Save publications, articles and searches
- Get email alerts
- Get all the benefits mentioned below!