What determines the dynamics of absolute excess returns on stock markets?
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- Kurz-Kim, Jeong-Ryeol, 2016. "Black Monday, globalization and trading behavior of stock investors," Discussion Papers 18/2016, Deutsche Bundesbank.
More about this item
KeywordsAbsolute excess returns; Uncertainty; Herding behavior; Mean reverting; Stock market volatility;
- D8 - Microeconomics - - Information, Knowledge, and Uncertainty
- G02 - Financial Economics - - General - - - Behavioral Finance: Underlying Principles
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