Search results
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Title
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S&P 500 Index Reconstitutions: An Analysis of Outstanding Hypotheses
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Author
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Baran, Lindsay
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Date Created
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2010
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Subjects--Topical
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Business
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Description
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The market reaction to announcements of S&P 500 index changes shows a sustained price increase for added firms and a short-term price decline for newly removed firms. We explore the outstanding hypotheses regarding liquidity, certification, and in...