The multi-index model is silent on the identity of the indexes to use in modelling...
50.1K
Verified Solution
Link Copied!
Question
Accounting
The multi-index model is silent on the identity of the indexes to use in modelling returns. Discuss how you would go about identifying these factors in the context of Chen, Roll and Ross (1986), Burmeister, Roll and Ross (2003) and any other studies you are familiar with. [Chen, N, Roll, R. and Ross, S. (1986). Economic Forces and the Stock Market, Journal of Business, Vol. 59, pp 386-403. Burmeister, E., Roll, R. and Ross, R. (2003), Using Macroeconomic Factors to Control Portfolio Risk, Working Paper, BIRR Portfolio Analysis, In.]. Confine your answer to no more than 500 words
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
