What is the Expected Return on the Market?*
نویسندگان
چکیده
منابع مشابه
The Impact of Asymmetric Risk on Expected Return
The main goal of the present study is testing asymmetric risk pricing and comparing it with pricing of traditional risk measures in Tehran Stock Market. Accordingly, a sample consisting of 101 companies listed in Tehran Stock Market during 2002-2013 went under investigation. In order to test asymmetric risk pricing, regression model of panel data was applied. The results revealed a positive and...
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ژورنال
عنوان ژورنال: The Quarterly Journal of Economics
سال: 2016
ISSN: 0033-5533,1531-4650
DOI: 10.1093/qje/qjw034