Revisiting the Empirical Performance of Equity Premium Prediction- A Lasso Regression Approach
碩士 === 東海大學 === 經濟系 === 107 === Goyal and Welch (2008) argued that the financial variables with the univariate regression could not beat the random walk with drift in out-of-sample forecasting of stock premiums. Based on the 11 explanatory variables commonly found in the existed literature, this pap...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Others |
| Language: | zh-TW |
| Published: |
2019
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| Online Access: | http://ndltd.ncl.edu.tw/handle/96abme |