Année
2023
Auteurs
TÉDONGAP Roméo, HIKOUATCHA Prince
Abstract
Recent and growing asset pricing literature identifies downside risk factors in an economy where the representative investor has generalized disappointment aversion (GDA) preferences. We investigate and find that global GDA factors are statistically signi
HIKOUATCHA, P. et TÉDONGAP, R. (2023). Valuing downside risk on international stock markets. Finance, In press.