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Changes versus Levels in Earnings As Explanatory Variables for Returns: Some Theoretical Considerations

James A. Ohlson; Pervin K. Shroff

Journal of Accounting Research 1992 30(2), 210

James A. Ohlson, Pervin K. Shroff, Changes versus Levels in Earnings As Explanatory Variables for Returns: Some Theoretical Considerations, Journal of Accounting Research, Vol. 30, No. 2 (Autumn, 1992), pp. 210-226

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Changes versus Levels in Earnings As Explanatory Variables for Returns: Some Theoretical Considerations