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Keywords: Realized risk premium
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Journal Articles
Business cycles, stock market wealth, and gambling at the racetracks
Available to Purchase
Journal:
Journal of Economic Studies
Journal of Economic Studies (2024) 51 (2): 455–470.
Published: 03 July 2023
... Realized risk premium Market volatility D12 G10 C13 L83 If you bet on a horse, that’s gambling. If you bet you can make three spades, that’s entertainment. If you bet cotton will go up three points, that’s business. See the difference? Blackie Sherrod A large literature...
