Elgeti, Rolf; Maurer, Raimond - Sonderforschungsbereich 504 "Rationalitätskonzepte, …; … - 2000
In this contribution we present an empirical study that focuses the relationship between risk and return for a universe of insurance stocks in Germany during the period 1975-1998. The study is motivated by the use of a multi factor model. The proportion of explained variance ranges from 9,29% to...