scholarly journals The Common Factor in Idiosyncratic Volatility: Quantitative Asset Pricing Implications

2014 ◽  
Author(s):  
Bernard Herskovic ◽  
Bryan Kelly ◽  
Hanno Lustig ◽  
Stijn Van Nieuwerburgh
2016 ◽  
Vol 119 (2) ◽  
pp. 249-283 ◽  
Author(s):  
Bernard Herskovic ◽  
Bryan Kelly ◽  
Hanno Lustig ◽  
Stijn Van Nieuwerburgh

2002 ◽  
Vol 29 (2) ◽  
pp. 161-182 ◽  
Author(s):  
Lening Zhang ◽  
John W. Welte ◽  
William F. Wieczorek

The Buffalo Longitudinal Study of Young Men was used to address the possibility of a common factor underlying adolescent problem behaviors. First, a measurement model with a single first-order factor was compared to a model with three separate correlated first-order factors. The three-factor model was better supported, making it logical to conduct a second-order factor analysis, which confirmed the logic. Second, a substantive model was estimated in each of two waves with psychopathic state as the common factor predicting drinking, drug use, and delinquency. Psychopathic state was stable across waves. The theory that a single latent variable accounts for large covariance among adolescent problem behaviors was supported.


2012 ◽  
Vol 610-613 ◽  
pp. 3574-3579
Author(s):  
Cui Hua Wang ◽  
Sheng Long Yang ◽  
Chao Lu ◽  
Hong Xia Yu ◽  
Lian Shen Wang ◽  
...  

By using CoMFA and CoMSIA methods, the new quantitative structures of 25 aromatic hydrocarbons and the 96 hr-EC50 data with C. vulgaris have been investigated to obtain more detailed insight into the relationships between molecular structure and bioactivity. Compared to CoMFA (the average Q2LOO option =0.610), CoMSIA (the average Q2LOO =0.736) has the better results with robustness and stability. CoMSIA analysis using steric, electrostatic, hydrophobic, and H-bond donor and acceptor descriptors show H-bond donor is the common factor for influencing the toxicity, the steric and electrostatic descriptors are next and the hydrophobic descriptor was last. From the contour maps, the number of benzene ring is more crucial for the compound toxicity and the compounds with more benzene ring make toxicity increased. Under the same number of benzene ring, the kind of substituent group and the formed ability of H-bond are the other parameters to influencing the aromatic hydrocarbons toxicity.


1973 ◽  
Vol 33 (3) ◽  
pp. 891-900 ◽  
Author(s):  
Itai Zak

The main problem posed in this study is: What are the content and structure of Jewish and American identity? The Jewish-American Identity Scale, which was adapted and refined for this study, was administered in 1971 to four samples, totaling 1006 Jewish-American college students from various parts of the United States. Initially, factor analysis was applied to the separate samples. Intersample comparisons of factor structures indicated a high degree of congruency; consequently, the samples were combined for subsequent analyses. Factor analysis of the test scores demonstrated that most of the common factor variance was appropriated by two relatively orthogonal factors. Items dealing with American identity and those dealing with Jewish identity had medium to high loadings on the two respective factors. These findings supported the hypothesis of the duality and the orthogonality of dimensions of Jewish and American identity, and cast doubt on the notion forwarded by some researchers that Jewish-American identity forms a bipolar continuum.


2018 ◽  
Vol 11 (3) ◽  
pp. 590-616 ◽  
Author(s):  
Tiffany Judy ◽  
Michael T. Putnam ◽  
Jason Rothman

In this paper we take a closer look at the oft-touted divide between heritage language speakers and adult second language (L2) learners. Here, we explore whether some properties of language may display general effects across different populations of bilinguals, explaining, at least partially, why these two groups show some common differences when compared with monolinguals. To test this hypothesis, we adduce data from two unique populations of bilinguals: a moribund variety of heritage German spoken in southwestern Kansas (Moundridge Schweitzer German) and L2 adult learners of Spanish. Empirically, we investigate whether the confound of switch reference adds an additional cognitive burden to these bilinguals in licensing object control predicates in the former and referential subject pronouns in the latter. Our preliminary findings support the view that overarching concepts such as incomplete acquisition cannot capture the variability observed in these populations, thus further supporting approaches that interpret findings such as these to be the result of specific variables.


2016 ◽  
Author(s):  
Michael Maraun ◽  
Moritz Heene

There has come to exist within the psychometric literature a generalized belief to the effect that a determination of the level of factorial invariance that holds over a set of k populations Δj, j = 1..s, is central to ascertaining whether or not the common factor random variables ξj, j = 1..s, are equivalent. In the current manuscript, a technical examination of this belief is undertaken. The chief conclusion of the work is that, as long as technical, statistical senses of random variable equivalence are adhered to, the belief is unfounded.


2021 ◽  
pp. 122-146
Author(s):  
Matthew Johnson ◽  
Jeffrey M. Bradshaw

AbstractCurrent attempts to understand human-machine systems are complex and unwieldy. Multiple disciplines throw different concepts and constructs at the problem, but there is no agreed-to framework to assemble these interrelated moving parts into a coherent system. We propose interdependence as the common factor that unifies and explains these moving parts and undergirds the different terms people use to talk about them. In this chapter, we will describe a sound and practical theoretical framework based on interdependence that enables researchers to predict and explain experimental results in terms of interlocking relationships among well-defined operational principles. Our exposition is not intended to be exhaustive, but instead aims to describe the basic principles in a way that allows the gist to be grasped by a broad cross-disciplinary audience through simple illustrations.


Author(s):  
Kathy Sanford ◽  
Liz Merkel ◽  
Tim Hopper

The purpose of this chapter is to highlight the engagement, social connectivity, and motivation to learn observed in two classes of students, one a grade 9/10 information technology class, the other a grade 3 class of learners classified with learning disabilities. The common factor in the two classes was the way the teachers were rethinking literacy for the 21st century learning by simultaneously engaging students in an event of creating computer programing to address a competition task whilst also addressing curriculum demands. The chapter explores the way the teachers were learning to develop the conditions for emergent learning systems in their classrooms as the first steps to reform the current education system. Drawing on complexity theory, the authors suggest that these students are offering two microcosmic examples of where global systems are heading. The goal of the chapter is to help shift school teaching from its present disconnect between the real world outside students' classrooms and the contrived, dated world of typical school-based curriculum practices.


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