The Fama and French (1992) study has itself been challenged. The study’s claims most attacked are these: that beta has no role for explaining cross-sectional variation in returns‚ that size has an important role‚ and that the book-to-market equity ratio has an important role. The studies responding to the Fama and French challenge generally take a closer look at the data used in that study. Kothari‚ Shahken‚ and Sloan (1995) argue that Fama and French’s (1992) findings depend critically on how
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Following the French and Indian war of 1754-1763‚ the French withdrew from the North American continent‚ leaving large amounts of the land to both Great Britain and Spain. Up until the late 1760’s‚ the British and the colonists held a strong relationship‚ as well as being united against the threat of the French and their Indian allies. During this time‚ the British had a very calm and safe ruling approach in the colonies‚ contrasting from their ruling approach years after. As the French no longer were
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Compare & Contrast the foreign policies of Napoleon I and Louis Philippe Both placed on the thrown after revolutions‚ King Louis Philippe and Napoleon Bonaparte were pressured to adopt a nationalistic foreign policy. During Napoleon ’s reign‚ France reached its greatest magnitude and was considered among Europe as a leading military power. In contrast‚ King Louis Philippe adopted a cautious foreign policy which did not satiate the nationalistic thirst of the French people at the time nor did
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from North America directly. Therefore‚ her voyage and the views concerned with the Astrea explicate that the navy’s view about the naval logistics in the 1730s and 1740s and how the navy exploited naval stores production in Colonial America resulting from the naval stores policy in the eighteenth century. The construction and the repair of much number of ships required large quantities of naval stores‚ such as masts‚ pitch‚ tar‚ and hemp‚ and the demand for naval stores in wartime escalated rapidly
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Jake Nelson AP US History Essay #4 The French and Indian War‚ a colonial manifestation of the same forces and tensions that erupted in the European Seven Years’ War‚ was‚ quite simply‚ a war about expansionism. The French and the English were competing for land and trading privileges in North America; which lead to land dispute‚ particularly the Ohio Valley. Each nation saw this territory necessary to seize to increase its own power and wealth while limiting the strength of its rival. Although
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personal benefit‚ thus depleting a necessary group resource to the point that it cannot recover (“Tragedy”). This issue reared its head in the state of North Carolina recently due to the gas shortage caused by a damaged pipeline. On September 9th‚ Colonial Pipeline Company discovered it had a leak in its southern pipeline near Helena‚ AL‚ and was forced to shut the pipeline down (Press). This left several southern states with severe gasoline shortages. Many citizens panicked and rushed out to buy as
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Cited: Baldwin‚ Dean R.‚ and Patrick J. Quinn. An Anthology of Colonial and Postcolonial Short Fiction. Boston: Houghton Mifflin‚ 2007. Print. Mason‚ Herbert. Gilgamesh: A Verse Narrative. Boston: Houghton Mifflin‚ 2003. Print. Shakespeare‚ William‚ Barbara A.. Mowat‚ and Paul Werstine. The Tempest. New York: Simon
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Christmas during Colonial Times Colonial Christmas was a holiday for adults‚ not a magical day for children. Christmas celebrations originated in the southern colonies‚ and activities included parties‚ hunts‚ feasts‚ and church services‚ all of which were adult activities. We do get some of our traditions from colonial days. For instance‚ the main decorations were holly‚ laurel‚ and garland‚ because these were the only plants that looked good during the middle of winter. Mistletoe was hung prominently
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DBQ 1: The Transformation of Colonial Virginia During the time period between 1606 and 1700‚ hundreds of settlers flocked to the Virginia colony seeking riches only to find hardship‚ and no gold. However‚ after many years‚ and much effort‚ the Virginians managed to secure a solid social and economic system that would eventually make Virginia one of the most important North American colonies. One of the first hardships settlers encountered were disease‚ malnutrition‚ and starvation. When the settlers
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Laura Gilliar History 151.15 Professor Burrows March 3‚ 2013 Slavery in British North America Slave ownership was a common practice in the British colonies in North America. Slaves were owned in the Chesapeake as well as New England though the nature in which the slaves were used was very different. The reason that slave ownership became common was the patriarchy. During the seventeenth and eighteenth centuries the idea of patriarchy was practiced in the colonies‚ especially the south
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