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- W2313201042 abstract "In this paper we propose a model to estimate the expected abnormal earnings required by the linear information dynamics of the Ohlson’s (1995) model. Our proposal, based on bootstrapping techniques, allows us to estimate easily the value of the expected abnormal earnings. Furthermore, it allows us the estimation of confidence intervals for this value and for the estimated values of stock prices. The empirical application of the model that we have done in the paper has provided the following results: the forecasting power of our proposal is as good as the one provided by other models that, as ours, assume persistence in the expected abnormal earnings, but, additionally, require subjective opinions for their estimation." @default.
- W2313201042 created "2016-06-24" @default.
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- W2313201042 date "2008-01-01" @default.
- W2313201042 modified "2023-09-27" @default.
- W2313201042 title "EL BENEFICIO ANORMAL EN EL MODELO DE OHLSON: UNA PROPUESTA PARA SU ESTIMACIÓN ABNORMAL EARNINGS IN THE OHLSON'S MODEL: A PROPOSAL FOR THEIR ESTIMATION" @default.
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