TY - JOUR T1 - Where Has the Small-Stock Premium Gone? JF - The Journal of Investing SP - 45 LP - 53 DO - 10.3905/joi.1999.319367 VL - 8 IS - 3 AU - Keith E. Gustafson AU - James D. Miller Y1 - 1999/08/31 UR - https://pm-research.com/content/8/3/45.abstract N2 - The authors compare the recent performance of various equity market capitalization-size groups. They place the underperformance of smaller stocks in a historical context and explore the cyclical nature of small-stock return premiums in an attempt to account for the historical, as well as the potential, underperformance. In the process, they address various arguments against expectations of superior small-stock returns. ER -