Jiranyakul, Komain - Volkswirtschaftliche Fakultät, … - 2011
This paper provides new evidence on the positive risk-return tradeoff in the Thai stock market using monthly data. An … is also found that there exists a positive risk-return tradeoff in the stock market in both capital gain and dividend … excess returns. The size of the risk-return tradeoff is higher and more highly significant when the market dividend yield is …