Bartram, Söhnke M.; Brown, Gregory W.; Stulz, René M. - Volkswirtschaftliche Fakultät, … - 2012
U.S. stocks are more volatile than stocks of similar foreign firms. A firm’s stock return volatility can be higher for … reasons that contribute positively (good volatility) or negatively (bad volatility) to shareholder wealth and economic growth …. We find that the volatility of U.S. firms is higher mostly because of good volatility. Specifically, stock volatility is …