We are grateful to John M. Campbell Jr., and Warren Mazek for comments and helpful suggestions on this paper. Bruno Solnik merits our special thanks for pointing out a major problem as well as other helpful comments.
Biased Estimators and Unstable Betas
Article first published online: 30 APR 2012
1980 The American Finance Association
The Journal of Finance
Volume 35, Issue 1, pages 49–55, March 1980
How to Cite
SCOTT, E. and BROWN, S. (1980), Biased Estimators and Unstable Betas. The Journal of Finance, 35: 49–55. doi: 10.1111/j.1540-6261.1980.tb03470.x
- Issue published online: 30 APR 2012
- Article first published online: 30 APR 2012
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