The Incremental Impact of Analyst Initiation of Coverage

A Heteroskedasticity-Consistent Covariance Matrix Estimator and a Direct Test for Heteroskedasticity

Halbert White · Econometrica · 1980 · 26.1K citations

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A Simple Model of Capital Market Equilibrium with Incomplete Information

Robert C. Merton · The Journal of Finance · 1987 · 5.8K citations · Full text

Business, Economics, Finance +8

Asset pricing and the bid-ask spread

Yakov Amihud, Haim Mendelson · Journal of Financial Economics · 1986 · 5.3K citations

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Do Brokerage Analysts' Recommendations Have Investment Value?

Kent L. Womack · The Journal of Finance · 1996 · 1.8K citations

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Conflict of Interest and the Credibility of Underwriter Analyst Recommendations

Roni Michaely, Kent L. Womack · Review of Financial Studies · 1999 · 1.6K citations

Business, Business Economics, Finance +11