Fu, Chengbo - In: Journal of risk and financial management : JRFM 14 (2021) 9, pp. 1-16
exist in certain decades. The results indicate that the risk-return tradeoff also varied in history. …. They increased from the 1960s to the 1990s/2000s and then declined until today. This paper also studies the risk-return … tradeoff by investigating the relation between idiosyncratic risk and stock return in the long run. Stocks are sorted into …