Have Individual Stocks Become More Volatile? An Empirical Exploration of Idiosyncratic Risk
收藏NBER2000-03-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w7590
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资源简介：
This paper uses a disaggregated approach to study the volatility of common stocks at the market, industry, and firm levels. Over the period 1962-97 there has been a noticeable increase in firm-level volatility relative to market volatility. Accordingly correlations among individual stocks and the
提供机构：
美国国家经济研究局
创建时间：
2000-03-01
