The Dog and the Straw Man
The Dog and the Straw Man: Response to “Dividend Growth Does Not Help Predict Returns Compared to Likelihood-Based Tests: An Anatomy of the Dog.” 2021. Critical Finance Review 10(3), 465-470. published version. Response to Erik Hjalmarsson and Tamás Kiss. Their paper is a critique of my “Dog that did not Bark: A Defense of Return Predictability” I respond to the critique.