Park, Keehwan; Jung, Mookwon; Fang, Zhongzheng - In: Global Business & Finance Review (GBFR) 27 (2022) 1, pp. 83-94
that value stocks outperform growth stocks over the long horizon. Our regression results show that the time-varying risk … effect reverts from negativity contemporaneously to positivity with a time lag, and its temporal effect is negligible when …
