遇见数据集

Downside Risk

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NBER2005-12-01 更新2025-01-04 收录
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Economists have long recognized that investors care differently about downside losses versus upside gains. Agents who place greater weight on downside risk demand additional compensation for holding stocks with high sensitivities to downside market movements. We show that the cross-section of stock

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2005-12-01
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