What is a possible endogeneity problem in the Fama and French asset pricing tests of the three-factor
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What is a possible endogeneity problem in the Fama and French asset pricing tests of the three-factor model? How can we reduce this problem in asset pricing tests?
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Endogeneity in the context of asset pricing tests particularly in the Fama and French threefactor model refers to the potential correlation between th...View the full answer
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Related Book For
Investment Valuation And Asset Pricing Models And Methods
ISBN: 9783031167836
1st Edition
Authors: James W. Kolari, Seppo Pynnönen
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