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- W3125212763 abstract "This article investigates the relation of Idiosyncratic Volatility (IVOL) and future returns on a portfolio level in global equity markets. In contrast to previous studies (Ang et al. 2006, 2009), it reveals that the spread between stock indices exhibiting a high IVOL and stock indices with low IVOL is positive and unrelated to movements in the business cycle. Traditional asset pricing models cannot explain the spread." @default.
- W3125212763 created "2021-02-01" @default.
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- W3125212763 date "2014-10-06" @default.
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- W3125212763 title "Idiosyncratic Volatility and Global Equity Markets" @default.
- W3125212763 hasPublicationYear "2014" @default.
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