Replication package: Does a Deep-Learning Stochastic Discount Factor Generalize Across Smaller Equity Markets? Evidence from Iran, Türkiye, and Pakistan

Replication package for the paper "Does a Deep-Learning Stochastic Discount Factor Generalize Across Smaller Equity Markets? Evidence from Iran, Türkiye, and Pakistan". Contains all estimation, evaluation, bootstrap and verification code; the derived estimation panels actually consumed by the code (characteristics, macro states, winsorized FF5/q-factor portfolios, risk-free series, metadata) for the Tehran Stock Exchange, Borsa Istanbul and the Pakistan Stock Exchange; and every result table underlying the manuscript (per-window alpha cells, pooled series, bootstraps, SPA/Reality-Check outputs). Raw exchange feeds (TSETMC/EVDS/KAP/PSX) are excluded per their terms of use; the derived panels are sufficient to re-run all estimations, bootstraps and tests. The full deep-SDF battery, benchmarks, loadings bootstraps, SPA/Reality-Check tests and paired RMS bootstraps regenerate the manuscript numbers from this package alone.