Instability Of Risk Loadings Of Industrial Stocks

Main Article Content

Ling T. He

Keywords

Abstract

By using the Flexible Least Squares (FLS) method, this study visibly shows the time variation paths of risk loadings for industrial stocks. Significant structural changes in time variation paths of risk loadings are verified by the OLS results and largely consistent with major economic and political events in the U.S. history.

Downloads

Download data is not yet available.
Abstract 47 | PDF Downloads 54