Does Volatility Pay?
GIOVANNI BARONE‐ADESI
(Professor of economics with the Facolta di Economia at Universita della Svizzera Italiana in Lugano, Switzerland.)
83
Abstract
A major focus of the literature in financial economics is the predictability of excess stock returns. Variables such as interest rates and dividend yields to some degree appear to predict the variation of expected returns over time.
Citation
BARONE‐ADESI, G. (2000), "Does Volatility Pay?", Journal of Risk Finance, Vol. 2 No. 1, pp. 27-35. https://doi.org/10.1108/eb022943
Publisher
:MCB UP Ltd
Copyright © 2000, MCB UP Limited