{"id":"https://openalex.org/W2073769646","doi":"https://doi.org/10.1016/j.jempfin.2014.04.003","title":"Price and earnings momentum: An explanation using return decomposition","display_name":"Price and earnings momentum: An explanation using return decomposition","publication_year":2014,"publication_date":"2014-04-24","ids":{"openalex":"https://openalex.org/W2073769646","doi":"https://doi.org/10.1016/j.jempfin.2014.04.003","mag":"2073769646"},"language":"en","primary_location":{"id":"doi:10.1016/j.jempfin.2014.04.003","doi":"https://doi.org/10.1016/j.jempfin.2014.04.003","is_oa":false,"landing_page_url":"https://doi.org/10.1016/j.jempfin.2014.04.003","pdf_url":null,"source":{"id":"https://openalex.org/S145875555","display_name":"Journal of Empirical Finance","issn_l":"0927-5398","issn":["0927-5398","1879-1727"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","erih-plus","fnege-2","jufo-2","norway-2","poland-100","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Empirical Finance","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://figshare.com/articles/journal_contribution/Price_and_earnings_momentum_An_explanation_using_return_decomposition/20813332","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5028783575","display_name":"Mike Qinghao Mao","orcid":"https://orcid.org/0000-0001-6334-3295","observed_orcids":["https://orcid.org/0000-0001-6334-3295"]},"institutions":[{"id":"https://openalex.org/I913958620","display_name":"Erasmus University Rotterdam","ror":"https://ror.org/057w15z03","country_code":"NL","type":"education","lineage":["https://openalex.org/I913958620"]}],"countries":["NL"],"is_corresponding":true,"raw_author_name":"Mike Qinghao Mao","raw_affiliation_strings":["Erasmus School of Economics, Erasmus University Rotterdam, The Netherlands"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Erasmus School of Economics, Erasmus University Rotterdam, The Netherlands","institution_ids":["https://openalex.org/I913958620"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5062253298","display_name":"K.C. John Wei","orcid":"https://orcid.org/0000-0003-4651-0113","observed_orcids":["https://orcid.org/0000-0003-4651-0113"]},"institutions":[{"id":"https://openalex.org/I200769079","display_name":"Hong Kong University of Science and Technology","ror":"https://ror.org/00q4vv597","country_code":"HK","type":"education","lineage":["https://openalex.org/I200769079"]}],"countries":["HK"],"is_corresponding":false,"raw_author_name":"K.C. John Wei","raw_affiliation_strings":["Department of Finance, Hong Kong University of Science and Technology, Clear Water Bay, Kowloon, Hong Kong","Department of Finance, Hong Kong University of Science & Technology, Clear Water Bay, Kowloon, Hong Kong"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Finance, Hong Kong University of Science and Technology, Clear Water Bay, Kowloon, Hong Kong","institution_ids":["https://openalex.org/I200769079"]},{"raw_affiliation_string":"Department of Finance, Hong Kong University of Science & Technology, Clear Water Bay, Kowloon, Hong Kong","institution_ids":["https://openalex.org/I200769079"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5028783575"],"corresponding_institution_ids":["https://openalex.org/I913958620"],"apc_list":{"value":2940,"currency":"USD","value_usd":2940},"apc_paid":null,"fwci":2.9283,"has_fulltext":false,"cited_by_count":20,"citation_normalized_percentile":{"value":0.91945716,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":87,"max":97},"biblio":{"volume":"28","issue":null,"first_page":"332","last_page":"351"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":1.0,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":1.0,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12123","display_name":"Financial Analysis and Corporate Governance","score":9.999999747378752e-05,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11326","display_name":"Stock Market Forecasting Methods","score":0.0,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/price-momentum","display_name":"price momentum","score":0.9879999756813049},{"id":"https://openalex.org/keywords/earnings-momentum","display_name":"earnings momentum","score":0.9990000128746033},{"id":"https://openalex.org/keywords/return-decomposition","display_name":"return decomposition","score":0.9160000085830688},{"id":"https://openalex.org/keywords/cash-flow-news","display_name":"cash flow news","score":0.9559999704360962},{"id":"https://openalex.org/keywords/discount-rate-news","display_name":"discount rate news","score":0.9919999837875366},{"id":"https://openalex.org/keywords/behavioral-finance","display_name":"behavioral finance","score":0.6959999799728394}],"concepts":[{"id":"https://openalex.org/C60718061","wikidata":"https://www.wikidata.org/wiki/Q1414747","display_name":"Momentum (technical analysis)","level":2,"score":0.7272660732269287},{"id":"https://openalex.org/C2781426361","wikidata":"https://www.wikidata.org/wiki/Q5326940","display_name":"Earnings","level":2,"score":0.7087976932525635},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.7055168151855469},{"id":"https://openalex.org/C163428354","wikidata":"https://www.wikidata.org/wiki/Q1047513","display_name":"Cash flow","level":2,"score":0.6141318678855896},{"id":"https://openalex.org/C2780821815","wikidata":"https://www.wikidata.org/wiki/Q5340806","display_name":"Portfolio","level":2,"score":0.5812297463417053},{"id":"https://openalex.org/C122251271","wikidata":"https://www.wikidata.org/wiki/Q940039","display_name":"Ex-ante","level":2,"score":0.5382667779922485},{"id":"https://openalex.org/C147808555","wikidata":"https://www.wikidata.org/wiki/Q7233519","display_name":"Post-earnings-announcement drift","level":4,"score":0.5169938802719116},{"id":"https://openalex.org/C129361004","wikidata":"https://www.wikidata.org/wiki/Q2470236","display_name":"Profitability index","level":2,"score":0.47667884826660156},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.47089508175849915},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.4460858404636383},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.3853934109210968},{"id":"https://openalex.org/C190775180","wikidata":"https://www.wikidata.org/wiki/Q5326946","display_name":"Earnings response coefficient","level":3,"score":0.18168336153030396},{"id":"https://openalex.org/C165556158","wikidata":"https://www.wikidata.org/wiki/Q83937","display_name":"Keynesian economics","level":1,"score":0.13615942001342773},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.12044796347618103}],"mesh":[],"locations_count":6,"locations":[{"id":"doi:10.1016/j.jempfin.2014.04.003","doi":"https://doi.org/10.1016/j.jempfin.2014.04.003","is_oa":false,"landing_page_url":"https://doi.org/10.1016/j.jempfin.2014.04.003","pdf_url":null,"source":{"id":"https://openalex.org/S145875555","display_name":"Journal of Empirical Finance","issn_l":"0927-5398","issn":["0927-5398","1879-1727"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","erih-plus","fnege-2","jufo-2","norway-2","poland-100","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Empirical Finance","raw_type":"journal-article"},{"id":"pmh:oai:pure.eur.nl:openaire_cris_publications/8696e390-12d0-48da-8d93-1e1a8ccb5fb7","doi":null,"is_oa":false,"landing_page_url":"https://pure.eur.nl/en/publications/8696e390-12d0-48da-8d93-1e1a8ccb5fb7","pdf_url":null,"source":{"id":"https://openalex.org/S4306401266","display_name":"EUR Research Repository (Erasmus University Rotterdam)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I913958620","host_organization_name":"Erasmus University Rotterdam","host_organization_lineage":["https://openalex.org/I913958620"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Mao, M & Wei, K 2014, 'Price and Earnings Momentum: An Explanation Using Return Decomposition', Journal of Empirical Finance, vol. 28, pp. 332-351. https://doi.org/10.1016/j.jempfin.2014.04.003","raw_type":"info:eu-repo/semantics/article"},{"id":"pmh:oai:CiteSeerX.psu:10.1.1.476.6900","doi":null,"is_oa":false,"landing_page_url":"http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.476.6900","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"http://www.fin.ntu.edu.tw/~conference/conference2010/proceedings/proceeding/8/8-4(A66).pdf","raw_type":"text"},{"id":"pmh:eur:oai:pure.eur.nl:publications/8696e390-12d0-48da-8d93-1e1a8ccb5fb7","doi":null,"is_oa":false,"landing_page_url":"https://pure.eur.nl/en/publications/8696e390-12d0-48da-8d93-1e1a8ccb5fb7","pdf_url":null,"source":{"id":"https://openalex.org/S4306401266","display_name":"EUR Research Repository (Erasmus University Rotterdam)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I913958620","host_organization_name":"Erasmus University Rotterdam","host_organization_lineage":["https://openalex.org/I913958620"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Journal of Empirical Finance, 28, 332 - 351. Elsevier","raw_type":"info:eu-repo/semantics/article"},{"id":"pmh:oai:RePEc:eee:empfin:v:28:y:2014:i:c:p:332-351","doi":null,"is_oa":false,"landing_page_url":"http://www.sciencedirect.com/science/article/pii/S0927539814000413","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},{"id":"pmh:oai:figshare.com:article/20813332","doi":null,"is_oa":true,"landing_page_url":"https://figshare.com/articles/journal_contribution/Price_and_earnings_momentum_An_explanation_using_return_decomposition/20813332","pdf_url":null,"source":{"id":"https://openalex.org/S4377196282","display_name":"Figshare","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I4210132348","host_organization_name":"Figshare (United Kingdom)","host_organization_lineage":["https://openalex.org/I4210132348"],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"Text"}],"best_oa_location":{"id":"pmh:oai:figshare.com:article/20813332","doi":null,"is_oa":true,"landing_page_url":"https://figshare.com/articles/journal_contribution/Price_and_earnings_momentum_An_explanation_using_return_decomposition/20813332","pdf_url":null,"source":{"id":"https://openalex.org/S4377196282","display_name":"Figshare","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I4210132348","host_organization_name":"Figshare (United Kingdom)","host_organization_lineage":["https://openalex.org/I4210132348"],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"Text"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":64,"referenced_works":["https://openalex.org/W1546044195","https://openalex.org/W1577713541","https://openalex.org/W1995834279","https://openalex.org/W1998677466","https://openalex.org/W2011277479","https://openalex.org/W2020666351","https://openalex.org/W2023826935","https://openalex.org/W2038224101","https://openalex.org/W2049783972","https://openalex.org/W2077270034","https://openalex.org/W2081432842","https://openalex.org/W2087760094","https://openalex.org/W2089440099","https://openalex.org/W2095362739","https://openalex.org/W2095729751","https://openalex.org/W2103875644","https://openalex.org/W2104795328","https://openalex.org/W2113305199","https://openalex.org/W2118307928","https://openalex.org/W2122298188","https://openalex.org/W2123518587","https://openalex.org/W2125520394","https://openalex.org/W2128633294","https://openalex.org/W2128965010","https://openalex.org/W2134807435","https://openalex.org/W2140584608","https://openalex.org/W2144275088","https://openalex.org/W2149367714","https://openalex.org/W2151469525","https://openalex.org/W2166215547","https://openalex.org/W2196996750","https://openalex.org/W2320868325","https://openalex.org/W2528295441","https://openalex.org/W2588113285","https://openalex.org/W2605864631","https://openalex.org/W2890844091","https://openalex.org/W2892285611","https://openalex.org/W2893941034","https://openalex.org/W3021598678","https://openalex.org/W3094633476","https://openalex.org/W3121302911","https://openalex.org/W3121465794","https://openalex.org/W3121591305","https://openalex.org/W3122215347","https://openalex.org/W3122578644","https://openalex.org/W3123013680","https://openalex.org/W3123116491","https://openalex.org/W3123912718","https://openalex.org/W3123993840","https://openalex.org/W3124155838","https://openalex.org/W3124469440","https://openalex.org/W3124536539","https://openalex.org/W3124833605","https://openalex.org/W3124909920","https://openalex.org/W3125017137","https://openalex.org/W3125261530","https://openalex.org/W3125317439","https://openalex.org/W3125991131","https://openalex.org/W3126017435","https://openalex.org/W3126138541","https://openalex.org/W4243277903","https://openalex.org/W4246390368","https://openalex.org/W6682207258","https://openalex.org/W6807132714"],"related_works":["https://openalex.org/W2515254411","https://openalex.org/W4366980263","https://openalex.org/W7172537886","https://openalex.org/W7096455741","https://openalex.org/W1969128245","https://openalex.org/W2105189605","https://openalex.org/W2138006588","https://openalex.org/W2785114839","https://openalex.org/W7221744469","https://openalex.org/W111673652"],"abstract_inverted_index":null,"counts_by_year":[{"year":2026,"cited_by_count":1},{"year":2023,"cited_by_count":2},{"year":2022,"cited_by_count":3},{"year":2021,"cited_by_count":1},{"year":2020,"cited_by_count":3},{"year":2019,"cited_by_count":2},{"year":2018,"cited_by_count":1},{"year":2016,"cited_by_count":3},{"year":2015,"cited_by_count":1},{"year":2014,"cited_by_count":1},{"year":2013,"cited_by_count":1},{"year":2012,"cited_by_count":1}],"updated_date":"2026-11-04T10:54:05.112534","created_date":"2016-06-24T00:00:00"}