Arbel (1985) Found That

question 50

Multiple Choice

Arbel (1985) found that

• A)the January effect was highest for neglected firms.
• B)the book-to-market value ratio effect was highest in January.
• C)the liquidity effect was highest for small firms.
• D)the neglected firm effect was independent of the small firm effect.
• E)small firms had higher book-to-market value ratios.

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Definitions:

Postwar Prosperity

The economic boom experienced in many countries, especially Western nations, following the end of World War II.

American Mobility

The ability and tendency of Americans to move geographically for better opportunities, reflecting the dynamic nature of the country's labor market and society.

Prosperity Origin

Refers to the sources or causes that lead to a state of wealth, success, or flourishing conditions.

Repressed

Describes thoughts, memories, or desires that are unconsciously held back from conscious thought or forgotten.