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Stock (geology)

About: Stock (geology) is a research topic. Over the lifetime, 31009 publications have been published within this topic receiving 783542 citations.


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Journal ArticleDOI
TL;DR: In this paper, the authors studied the long-run and short-run dynamics between stock prices and exchange rates and the channels through which exogenous shocks impact on these markets by using cointegration methodology and multivariate Granger causality tests.

352 citations

Journal ArticleDOI
TL;DR: The median of inventory holding periods were reduced from 96 days to 81 days, and the greatest reduction was found for work-in-process inventory, which declined by about 6% per year.
Abstract: This paper examines the inventories of publicly traded American manufacturing companies between 1981 and 2000. The median of inventory holding periods were reduced from 96 days to 81 days. The average rate of inventory reduction is about 2% per year. The greatest reduction was found for work-in-process inventory, which declined by about 6% per year. Finished-goods inventories did not decline. Firms with abnormally high inventories have abnormally poor long-term stock returns. Firms with slightly lower than average inventories have good stock returns, but firms with the lowest inventories have only ordinary returns.

350 citations

Journal ArticleDOI
TL;DR: In this paper, the authors study new evidence from the 1990s for 1,060 Canadian repurchase programs and find that the Canadian stock market discounts the information in repurchase announcements, particularly for value stocks.
Abstract: During the 1980s, U.S. firms announcing stock repurchases earned favorable long-run returns. Recently, concerns have been raised over the robustness of these findings. This concern comes at a time of explosive growth in repurchase programs. Thus, we study new evidence from the 1990s for 1,060 Canadian repurchase programs. Moreover, because of Canadian law, we can carefully track repurchase activity monthly. Similarly to the situation in the United States, the Canadian stock market discounts the information in repurchase announcements, particularly for value stocks. Completion rates in Canada are sensitive to mispricing. Trades also appear linked to price movements; managers buy more shares when prices fall.

350 citations

Journal ArticleDOI
TL;DR: In this paper, the authors estimate the magnitudes in which each of several factors influenced interstate migration over the period 1955-1960, and the most unique explanatory variable employed is the "migrant stock", i.e., the number of persons born in state i (the origin state) and living in state j (the destination state).
Abstract: HE objective of this study is to estimate T the magnitudes in which each of several factors influenced interstate migration over the period 1955-1960. Several variables were chosen which might reasonably be expected to explain the movements which occurred, and multiple regression analysis was used on the data. The most unique explanatory variable employed is the "migrant stock," i.e., the number of persons born in state i (the origin state) and living in state j (the destination state).' It is shown that the failure to include the migrant stock variable in the estimated relationship causes the true direct effect of most other variables to be obscured.

349 citations


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Performance
Metrics
No. of papers in the topic in previous years
YearPapers
202237
20211,825
20201,882
20191,697
20181,539
20171,706