CRSP Papers
These works include CRSP-related published and non-published works presented or to be presented at various conferences, forums, and meetings, including the CRSP Forum. We anticipate that this research will serve to inform researchers and to stimulate new ideas.
Compass Rose in Stock Markets: The Power of SASECRSP LIBNAME
This paper discusses CRSP Delisting Returns and the concept of a delisting return bias. It also includes discussions about recent historical research and the methodology CRSP follows to calculate delisting returns and partial-month returns.
The Working Papers Series presents research findings by finance scholars at The University of Chicago Graduate School of Business. Currently the series contains approximately 500 titles from 1977 to the present. Our Finance faculty uses these working papers to circulate research results that can take as long as two years to appear in a journal. Non-published working papers are available for download as of Spring 1997. Reprints from this date are also listed, and are available by contacting Allison Harris at 773.834.2079 or Allison.Harris@gsb.uchicago.edu.