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open access article Systematic tail risk is considered an important determinant of expected returns on risky assets. We examine its impact from two perspectives in a unified framework which originates from a simple asset pricing model. From the first
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https://explore.openaire.eu/search/publication?articleId=doi_dedup___::23f7610ebb227d620ec5f07c7c195a6c
https://hdl.handle.net/2086/22455
https://hdl.handle.net/2086/22455