This paper proposes an alternative to the asymptotic principal components procedure of Connor and Korajczyk (J. Financial Econom. 15 (1986) 373) that is robust to time series heteroskedasticity in the factor model residuals. The new method is simple to use and requires no assumptions stronger than those made by Connor and Korajczyk. It is demonstrated through simulations and analysis of actual ...

The data presented in this article are related to the article entitled "Assessing Resilience in Emerging Adulthood: The Resilience Scale (RS), Connor Davidson Resilience Scale (CD-RISC), and Scale of Protective Factors (SPF)" (Madewell and Ponce-Garcia, 2016) [1]. The data were collected from a sample of 451 college students from three universities located in the Southwestern region of the Unit...