...Charles N. Noussair; Owen Powell Purpose This paper aims to study how the trajectory of fundamental values affects price discovery in an experimental asset market. Design/methodology/approach An experiment is conducted with two treatments, in which the time path of fundamentals differs between...

...Edward Nissan Four indexes are employed to measure trends in asset concentration of large business in the United States between 1967 and 1992 using the Fortune 500 data. The paper also investigates whether the merger wave of the 1980s was statistically significant. For all the 500...

... a consumption function that incorporates adjustment of income to control for the maintenance of the real value of asset holdings, following Hendry and Von Ungern‐Sternberg (1981). Assets Consumers Demographics Econometrics United Kingdom Demographic Structure, Asset Holdings and the Explanation...