Discuss the different approaches used by Fama and French (1992)
and Bali, Brown and Tang (2017) in controlling other pricing
factors in the cross-section of returns. Which approach is more
suitable for constructing investment portfolio in real time setup?
Please explain your answer.
Discuss the different approaches used by Fama and French (1992) and Bali, Brown and Tang (2017) in controlling other pri
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