Onweerlegbaar Bewijs? Over het Belang en de Waarde van empirisch Onderzoek voor Financierings - en Beleggingsvraagstukken
Erasmus University - Rotterdam School of Management; Erasmus Research Institute of Management (ERIM); Netspar
May 16, 2003
ERIM Report Series Reference No. EIA-2002-009-F&A
The use of advanced econometric techniques is becoming more and more standard in risk management and investments. Empirical results are important for, e.g., deriving and evaluating asset pricing models, determining attractive investment strategies or the evaluation of the performance of mutual funds. On the basis of a number of examples, the author illustrates the power of empirical evidence, paying particular attention to cases where statistical evidence can be highly misleading.
Note: Downloadable document is not in English.
Number of Pages in PDF File: 32
Keywords: Data snooping, look-ahead bias, mutual funds, predictability, efficient market hypothesisworking papers series
Date posted: April 6, 2005
© 2014 Social Science Electronic Publishing, Inc. All Rights Reserved.
This page was processed by apollo4 in 0.579 seconds