; ; ; "ActiveFedora::Aggregation::ListSource" . a , ; "Ex-Day Behavior of Japanese Stock Prices: New Insights From New Methodology"; ; "batchuser@example.com"; "Jagannathan, Ravi", "Hayashi, Fumio"; "Federal Reserve Bank of Minneapolis"; "G30 - Corporate Finance and Governance: General", "G10 - General Financial Markets: General (includes Measurement and Data)", "C10 - Econometric and Statistical Methods and Methodology: General"; "We study the ex-dividend day behavior of Japanese stock prices for the period 1983–87. We find that, contrary to previous findings, prices of ex-day stocks drop by nearly the full amount of the dividend. However, ex-day stocks shows an abnormal return. Also, for the many ex-dividend day stocks that also go ex-rights on the same ex-day, we find that the return is on average higher than that for stocks without rights issues. We thus conclude that the ex-day behavior of Japanese stocks are qualitatively similar to that of U.S. stocks. "^^; "1990-07-01"; "2019-05-21T19:12:51.326032613+00:00"^^; "https://doi.org/10.21034/dp.30"; ; "https://creativecommons.org/licenses/by-nc/4.0/"; "Wed Apr 22 16:47:23 2020"; "https://creativecommons.org/licenses/by-nc/4.0/"; "Research Paper"; "320", "365"; "Discussion paper (Federal Reserve Bank of Minneapolis. Institute for Empirical Macroeconomics)"; "030"; ; ; ; ; "Federal Reserve Bank of Minneapolis. Institute for Empirical Macroeconomics"; "Published in: _Journal of the Japanese and International Economics_ (Vol. 4, No. 4, December 1990, pp. 401-427) https://doi.org/10.1016/0889-1583(90)90019-3."^^; ; "Publication" . ; .