tay's as good as cay

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Can Managers Forecast Aggregate Market Returns (2005, background): “Welch (2003), Brennan and Xia (2002), and Lewellen and Shanken (2002), among others, insample estimates may lead to a look-ahead bias since in-sample estimation does not account for the fact that managers and investors only have access to past data when they make their forecasts.”
Expectations of Returns and Expected Returns (2014, unknown): “These models come in three broad flavors: habit formation models in the spirit of Campbell and Cochrane (1999) that focus on the variation in investor risk aversion, long-run risk models in the spirit of Bansal and Yaron (2004) in which investors’ perception of the quantity of long-run risk drives v”
Asset Pricing Models and Financial Market Anomalies (2006, unknown): “Avramov (2002) and Brennan and Xia (2005) show that the cay variable displays an impressive predictive power only when the shares of asset wealth and labor income (in total wealth) are based on data realized subsequent to the prediction period.”
A Comprehensive Look at the Empirical Performance ofEquity Premium Prediction II (2008, unknown): “For example, as early as 1920, Dow (1920) explored the role of dividend ratios.”