TY  - JOUR
T1  - Investor perceptions and volatility within the risk-return tradeoff
JF  - Applied Financial Economics
Y1  - 2010
A1  - Berger,Dave
KW  - Finance
AB  - Conditional asset pricing models within the risk-return literature describe a relation between expected risk and return for period t+1, with expectations formed during period t. Existing risk estimates in the literature are formed using backwards looking measures during period t, which are projected forward for period t+1. Evidence suggests ex post observations do not always correspond with conditional ex ante expectations. Using forward looking survey data, I compare measures of expected risk, with common estimates of risk in the literature. Supporting empirical research, I find a strong relation between forward looking investor risk perceptions and conditional risk estimates.
VL  - 20
CP  - 13
U2  - a
U4  - 16105814017
ID  - 16105814017
ER  -