Predictability and the Cross-Section of Expected Returns: A Challenge for Asset Pricing Models

• Christian Schlag

  Christian Schlag

  [email protected]

  https://orcid.org/0000-0001-9967-7916

  Department of Finance, Goethe University Frankfurt, 60323 Frankfurt, Germany

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  ,
• Michael Semenischev

  Michael Semenischev

  [email protected]

  Leibniz Institute for Financial Research SAFE, 60323 Frankfurt, Germanyd-fine GmbH, 60313 Frankfurt, Germany

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  ,
• Julian Thimme

  Corresponding Author

  Julian Thimme

  [email protected]

  https://orcid.org/0000-0002-9652-847X

  Institute for Finance, Karlsruhe Institute of Technology, 76131 Karlsruhe, Germany

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