This paper studies whether sentiment is rewarded with a significant risk premium on the European stock markets. We … model in order to track the variation of the sentiment risk premium over time. The results demonstrate a positive … calculated sentiment risk premium is significant as well but of a negative sign implying that an investment in EA-11 countries …

the risk-return profiles of European energy utilities over the period 1996 to 2013. Results show that, after controlling … for equity market and commodity risk factors, the EU policies which focused on liberalization and environmental objectives …' risk-reward tradeoff. Specifically, liberalization and energy efficiency policies impact financial return and volatility in …

We propose a new measure of the expected variance risk premium that is based on a forecast of the conditional variance … that drives the variance risk premium …

This paper analyzes the risk-return trade-off in European equities considering both temporal and cross … industrial portfolios and the existence of a risk-return trade-off is analyzed through a cross-sectional approach using the … information in all portfolios. It is obtained evidence for a positive and significant risk-return trade-off in the European market …

This paper adopts factor models with macro-finance predictors to test the intertemporal risk-return relation for 13 … conditional volatility and return to determine the risk-return relationship. We find that the risk-return trade-off is generally … the economy, but not the business cycles. Quantile regressions show that the risk-return trade-off is stronger at the …