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Onweerlegbaar Bewijs? Over het Belang en de Waarde van empirisch Onderzoek voor Financierings - en Beleggingsvraagstukken

32 Pages Posted: 6 Apr 2005  

Marno Verbeek

Erasmus University - Rotterdam School of Management; Erasmus Research Institute of Management (ERIM); Netspar

Date Written: May 16, 2003

Abstract

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.

Notes: Downloadable document is not in English.

Keywords: Data snooping, look-ahead bias, mutual funds, predictability, efficient market hypothesis

Suggested Citation

Verbeek, Marno, Onweerlegbaar Bewijs? Over het Belang en de Waarde van empirisch Onderzoek voor Financierings - en Beleggingsvraagstukken (May 16, 2003). ERIM Report Series Reference No. EIA-2002-009-F&A. Available at SSRN: https://ssrn.com/abstract=678258

Marno Verbeek (Contact Author)

Erasmus University - Rotterdam School of Management ( email )

P.O. Box 1738
Room T09-53
3000 DR Rotterdam
Netherlands
+31 10 408 2790 (Phone)

HOME PAGE: http://www.rsm.nl/mverbeek

Erasmus Research Institute of Management (ERIM)

P.O. Box 1738
3000 DR Rotterdam
Netherlands

Netspar

P.O. Box 90153
Tilburg, 5000 LE
Netherlands

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