{"id":"https://openalex.org/W2144238697","doi":"https://doi.org/10.2139/ssrn.40558","title":"Empirical Distributions of Stock Returns: European Securities Markets, 1990-95","display_name":"Empirical Distributions of Stock Returns: European Securities Markets, 1990-95","publication_year":1997,"publication_date":"1997-01-01","ids":{"openalex":"https://openalex.org/W2144238697","doi":"https://doi.org/10.2139/ssrn.40558","mag":"2144238697"},"language":"en","primary_location":{"id":"doi:10.2139/ssrn.40558","doi":"https://doi.org/10.2139/ssrn.40558","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.40558","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"acceptedVersion","is_accepted":true,"is_published":false,"raw_source_name":null,"raw_type":"posted-content"},"volume":null,"type":"preprint","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://doi.org/10.2139/ssrn.40558","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5029858158","display_name":"Felipe Aparicio","orcid":"https://orcid.org/0000-0002-7310-4033","observed_orcids":["https://orcid.org/0000-0002-7310-4033"]},"institutions":[{"id":"https://openalex.org/I50357001","display_name":"Universidad Carlos III de Madrid","ror":"https://ror.org/03ths8210","country_code":"ES","type":"education","lineage":["https://openalex.org/I50357001"]}],"countries":["ES"],"is_corresponding":false,"raw_author_name":"Felipe Miguel Aparicio Acosta","raw_affiliation_strings":["Universidad Carlos III de Madrid - Department of Statistics and Econometrics"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Universidad Carlos III de Madrid - Department of Statistics and Econometrics","institution_ids":["https://openalex.org/I50357001"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5040734431","display_name":"Javier Estrada","orcid":"https://orcid.org/0000-0002-3583-0077","observed_orcids":["https://orcid.org/0000-0002-3583-0077"]},"institutions":[{"id":"https://openalex.org/I4405253577","display_name":"IESE Business School","ror":"https://ror.org/00v9d4z37","country_code":"ES","type":"education","lineage":["https://openalex.org/I4405253577","https://openalex.org/I88155538"]},{"id":"https://openalex.org/I4405261252","display_name":"ESE Business School","ror":"https://ror.org/050mwrs16","country_code":"CL","type":"education","lineage":["https://openalex.org/I4405261252"]}],"countries":["CL","ES"],"is_corresponding":true,"raw_author_name":"Javier Estrada","raw_affiliation_strings":["IESE Business School, IESE Business School, Av. Pearson 21, Barcelona, 08034, Spain","IESE Business School"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"IESE Business School, IESE Business School, Av. Pearson 21, Barcelona, 08034, Spain","institution_ids":["https://openalex.org/I4405253577"]},{"raw_affiliation_string":"IESE Business School","institution_ids":["https://openalex.org/I4405253577","https://openalex.org/I4405261252"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":3,"corresponding_author_ids":["https://openalex.org/A5040734431"],"corresponding_institution_ids":["https://openalex.org/I4405253577","https://openalex.org/I4405261252"],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":true,"cited_by_count":24,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10282","display_name":"Financial Risk and Volatility Modeling","score":0.5083000063896179,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10282","display_name":"Financial Risk and Volatility Modeling","score":0.5083000063896179,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.21389999985694885,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10067","display_name":"Stochastic processes and financial applications","score":0.13009999692440033,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/stock-return-distribution","display_name":"stock return distribution","score":0.8090000152587891},{"id":"https://openalex.org/keywords/normality-assumption","display_name":"normality assumption","score":0.9210000038146973},{"id":"https://openalex.org/keywords/mixture-of-normal-distributions","display_name":"mixture of normal distributions","score":0.8659999966621399},{"id":"https://openalex.org/keywords/daily-stock-returns","display_name":"daily stock returns","score":0.8960000276565552},{"id":"https://openalex.org/keywords/european-securities-market","display_name":"European securities market","score":0.8299999833106995},{"id":"https://openalex.org/keywords/monthly-stock-returns","display_name":"monthly stock returns","score":0.5490000247955322},{"id":"https://openalex.org/keywords/heavy-tailed-distributions","display_name":"heavy-tailed distributions","score":0.3199999928474426}],"concepts":[{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.56600421667099},{"id":"https://openalex.org/C204036174","wikidata":"https://www.wikidata.org/wiki/Q909380","display_name":"Stock (firearms)","level":2,"score":0.5633739829063416},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.48186931014060974},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.4497711658477783},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.35660356283187866},{"id":"https://openalex.org/C73283319","wikidata":"https://www.wikidata.org/wiki/Q1416617","display_name":"Financial system","level":1,"score":0.3349347710609436},{"id":"https://openalex.org/C205649164","wikidata":"https://www.wikidata.org/wiki/Q1071","display_name":"Geography","level":0,"score":0.11807745695114136},{"id":"https://openalex.org/C166957645","wikidata":"https://www.wikidata.org/wiki/Q23498","display_name":"Archaeology","level":1,"score":0.0}],"mesh":[],"locations_count":4,"locations":[{"id":"doi:10.2139/ssrn.40558","doi":"https://doi.org/10.2139/ssrn.40558","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.40558","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"acceptedVersion","is_accepted":true,"is_published":false,"raw_source_name":null,"raw_type":"posted-content"},{"id":"pmh:oai:e-archivo.uc3m.es:10016/7054","doi":null,"is_oa":true,"landing_page_url":"http://hdl.handle.net/10016/7054","pdf_url":"https://e-archivo.uc3m.es/bitstreams/c43d1d38-7a54-459a-93e7-b3b548236603/download","source":{"id":"https://openalex.org/S4306400817","display_name":"e-Archivo (Carlos III University of Madrid)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I50357001","host_organization_name":"Universidad Carlos III de Madrid","host_organization_lineage":["https://openalex.org/I50357001"],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"info:eu-repo/semantics/workingPaper"},{"id":"pmh:oai:CiteSeerX.psu:10.1.1.200.4265","doi":null,"is_oa":false,"landing_page_url":"http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.200.4265","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"http://web.iese.edu/jestrada/pdf_files/dsresm.pdf","raw_type":"text"},{"id":"pmh:oai:RePEc:cte:wbrepe:7054","doi":null,"is_oa":false,"landing_page_url":"https://e-archivo.uc3m.es/rest/api/core/bitstreams/c43d1d38-7a54-459a-93e7-b3b548236603/content","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"}],"best_oa_location":{"id":"doi:10.2139/ssrn.40558","doi":"https://doi.org/10.2139/ssrn.40558","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.40558","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"acceptedVersion","is_accepted":true,"is_published":false,"raw_source_name":null,"raw_type":"posted-content"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":21,"referenced_works":["https://openalex.org/W646331406","https://openalex.org/W1566688843","https://openalex.org/W1968874990","https://openalex.org/W1994550451","https://openalex.org/W1999814123","https://openalex.org/W1999996900","https://openalex.org/W2010997253","https://openalex.org/W2011817175","https://openalex.org/W2019796175","https://openalex.org/W2034485809","https://openalex.org/W2036713496","https://openalex.org/W2044117118","https://openalex.org/W2059229600","https://openalex.org/W2076209196","https://openalex.org/W2090637028","https://openalex.org/W2092265100","https://openalex.org/W2109542379","https://openalex.org/W2157403008","https://openalex.org/W2764917663","https://openalex.org/W3125246470","https://openalex.org/W6998564292"],"related_works":["https://openalex.org/W7100922098","https://openalex.org/W2166850273","https://openalex.org/W1968874990","https://openalex.org/W2009617711","https://openalex.org/W2169500003","https://openalex.org/W272606698","https://openalex.org/W2761916395","https://openalex.org/W2729986844","https://openalex.org/W144469882","https://openalex.org/W7096145938"],"abstract_inverted_index":null,"counts_by_year":[{"year":2023,"cited_by_count":2},{"year":2022,"cited_by_count":1},{"year":2021,"cited_by_count":2},{"year":2019,"cited_by_count":2},{"year":2018,"cited_by_count":2},{"year":2017,"cited_by_count":1},{"year":2015,"cited_by_count":1},{"year":2014,"cited_by_count":3},{"year":2013,"cited_by_count":3}],"updated_date":"2026-09-25T08:18:29.962427","created_date":"2016-06-24T00:00:00"}