This dissertation consists of two essays that address issues related to the cross-section of stock returns. The first essay documents that actively managed mutu
This dissertation studies two distinct topics. First, I examine whether the idiosyncratic volatility discount anomaly documented by Ang, Hodrick, Xing, and Zhan
My dissertation consists of three chapters that study various aspects of stock return predictability. In the first chapter, I explore the interplay between the
Many factor models, with a variety of conditioning variables, have been proposed to explain cross-sectional returns. In chapter 2, we run a horse race among sev