… and the Cross-Section of Expected Returns¶
Harvey, C. R., Liu, Y., & Zhu, H. (2016). … and the Cross-Section of Expected Returns. The Review of Financial Studies, 29(1), 5-68.
Cited by¶
1 citation across 1 artifact.
Each citation links to the sentence it supports in the citing article.
Mechanisms¶
- Multi-Factor Performance Model
- Its central failure mode is the factor zoo — adding exposures until the residual conveniently appears or vanishes, so that the "adjustment" quietly encodes the desired conclusion.
This sourceDocuments a factor zoo of hundreds of proposed return predictors and shows that conventional significance thresholds are inadequate under extensive multiple testing.
- Its central failure mode is the factor zoo — adding exposures until the residual conveniently appears or vanishes, so that the "adjustment" quietly encodes the desired conclusion.
Verification¶
Does it exist? Confirmed. This work's DOI resolves to a registered record, which fixes its identity. That is all it fixes.
Does it back the claim? Not recorded. The single citation of this work carries no recorded support check.
Support is checked per citation rather than per work — the same source can be cited soundly in one article and wrongly in another. Per-citation recording began recently, so a citation with no recorded check is a gap in the record rather than evidence it went unchecked.
See how references were verified.
Registry ID ref:1b0ef6980943 · see in the full table