Chang, Chun-Hao; Dupoyet, Brice; Prakash, Arun - In: Applied Financial Economics 18 (2008) 21, pp. 1697-1707
Based on several research studies and in particular the theoretical study of Prakash et al. (1997), it is known that the variance as well as the skewness of the probability distribution of rates of return increases if the investors' investment interval increases. In the present study, using the...