Liu, Bin; Di Iorio, Amalia - In: Studies in Economics and Finance 33 (2016) 1, pp. 69-90
Purpose – This paper aims to examine whether idiosyncratic volatility and other asset pricing factors predict growth rates of the ten Australian economic indicators. Design/methodology/approach – The authors use the Liew and Vassalou (2000) model augmented with an idiosyncratic volatility...