Model | Raw return | αJensen |
Rank | 1.277*** | 1.280*** |
7.99 | 7.32 | |
ln(TNA) | −0.312*** | −0.310*** |
−9.24 | −9.14 | |
ln(Family Size) | 0.027 | 0.0281 |
0.63 | 0.67 | |
Std | −2.242 | −2.736 |
−0.67 | −0.81 | |
MarketReturn | −0.854*** | 0.281*** |
−4.01 | 2.14 | |
ln(Age) | 0.136* | 0.136 |
1.96 | 1.92 | |
Year Dummy | Yes | Yes |
Observations | 1993 | 1993 |
R2 | 0.1033 | 0.0996 |