Performance of Semi-parametric Asset Pricing Model in Tehran Stock Exchange
Objective: In asset pricing models, it was traditionally assumed that there is a linear relationship between return and explanatory variables. Therefore, estimating the coefficient in a nonlinear setting would be inconsistent and bias-oriented. In this study, the predictive power of the nonlinear a...
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Language: | fas |
| Published: |
University of Tehran
2022-09-01
|
| Series: | تحقیقات مالی |
| Subjects: | |
| Online Access: | https://jfr.ut.ac.ir/article_89450_9b36f545fdfca44612bfa28889d9bc45.pdf |