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Essays on international finance.
(1999)
Chapter one, analyzes the effect of both direct and indirect barriers on international asset pricing using evidence from the price-net asset value ratio of closed-end country funds. I find that, contrary to conventional ...
Is analyst optimism intentional? : additional evidence on the existence of reporting, selection and cognitive bias in analyst earnings forecasts
(2001)
In this dissertation I examine whether the documented bias in analyst forecasts of earnings is intentional by specifically testing for the existence of reporting, selection and cognitive bias. The first two types of bias ...