Article | American Economic Review | June 1986

Dividend Variability and Variance Bounds Tests for the Rationality of Stock Market Prices

by Robert C. Merton and Terry A. Marsh

Keywords: Stocks; Markets; Price;

Citation:

Merton, Robert C., and Terry A. Marsh. "Dividend Variability and Variance Bounds Tests for the Rationality of Stock Market Prices." American Economic Review 76, no. 3 (June 1986): 483–498.