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Central to both the theoretical and the empirical validity of factor models is the correct specification of the number of factors.
Jushan Bai
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One does not need buildings, money, power, or status to practice the Art of Peace. Heaven is right where you are standing, and that is the place to train.
Morihei Ueshiba
Jushan Bai
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Jushan Bai an American economist, and Professor of Economics at Columbia University and Dean of School of Finance at Nankai University, China.
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