search query: @indexterm Shares / total: 249
reference: 30 / 249
| Author: | Baker, M. Wurgler, J. |
| Title: | The equity share in new issues and aggregate stock returns |
| Journal: | Journal of Finance
2000 : OCT, VOL. 15:5, p. 2219-2257 |
| Index terms: | Stock markets Shares Securities Stock returns USA |
| Freeterms: | Equity markets |
| Language: | eng |
| Abstract: | The empirical financing variable the study focus on is the share of equity issues in total equity and debt issues, calculated from data reported in the Federal Reserve Bulletin. In the typical year between 1927 and 1996, equity issues represent about 21 present of the value of all new issues. |
SCIMA