| dc.description.abstract | My thesis aims to investigate the relation between risk and return on VN-Index.
Apart from the normal estimation, the least squares approach, a quantile regression
is applied in thesis. My findings found that the coefficient sign of risk return relation
modifies negative to positive when quantile increases. Moreover, this method can solve
some troubles arising in conventional approach. The results also show that findings
only valid in upper quantiles and lower quantiles but not median. | en_US |
