Asymmetric return response to expected risk: policy implications

Author:Mehmet F. Dicle, Kendra Reed
Position:College of Business, Loyola University New Orleans, New Orleans, Louisiana, USA

Purpose As investors’ fear has an impact on their risk-return tradeoff, this fear leaves markets susceptible to sudden and large fluctuations. The purpose of this study is to suggest regulators to amend their precautionary methods to recognize the difference in investor behavior for high-risk periods versus low-risk periods. Design/methodology/approach The authors empirically... (see full summary)

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