... Licensed re-use rights only Commodity currencies Engel-West currency model Fundamentals Predictability Market efficiency C22 C52 C53 F31 F47 Chen et al. (2010) (henceforth CRR) investigate, for Australia, Canada, Chile, New Zealand and South Africa, the relation...

...-factor returns, and James Ng for excellent research assistance. © 2025 Tim Loughran 2025 Tim Loughran Licensed re-use rights only Fama–French 6-factor q5-factor q-factor Market efficiency Equity issuers G12 G14 G34 G40 In the last 30 years, myriad market anomalies have...

... 2025 Anne-Marie Anderson and Benjamin Jansen Licensed re-use rights only Asset pricing Market efficiency Firm value G12 G14 G32 The Law of One Price (LOP) is central to financial economics. If two assets generate the same cash flows, then they should have the same price...

... Research Council of Canada (SSHRC). © 2022 C. Martineau 2022 C. Martineau Licensed re-use rights only Earnings announcements Market efficiency Post-earnings announcement drifts Price discovery G10 G12 G14 Price formation to firm earnings news has been subject to a large...

.... © 2019 Kent Daniel, Robert J. Hodrick and Zhongjin Lu 2019 Kent Daniel, Robert J. Hodrick and Zhongjin Lu Licensed re-use rights only Currency carry trade Currency risk factors Market efficiency F31 G12 G15 This paper empirically examines returns to carry trades...

... earlier conclusions are robust. We also provide out-ofsample tests. We thank Juhani Linnainmaa, Joseph Gerakos and Ivo Welch for helpful comments and discussions. © 2016 K. Daniel and S. Titman 2016 K. Daniel and S. Titman Licensed re-use rights only Asset Pricing Stock Returns Market...