Cipollini, Andrea; Cascio, Iolanda Lo; Muzzioli, Silvia - Dipartimento di Economia "Marco Biagi", Università … - 2014
risk premium, which is a proxy of risk aversion, is measured by the difference between the implied volatility and expected … European stock markets: France, Germany, UK, Switzerland and the Netherlands, by using volatility risk premia. The volatility …