Härdle, Wolfgang; Krätschmer, Volker; Moro, Rouslan - Sonderforschungsbereich 649: Ökonomisches Risiko, … - 2009
regime switching of stock prices in financial markets. Alternatively, we want to emphasize a microeconomic view. Based on an … that this paradox might be caused by regime switching of stock prices in financial
markets. Alternatively, we want to … the empirical phenomenon that the observable behaviour
of investors in financial markets conflicts with the traditional …