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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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Aristotle was famous for knowing everything. He taught that the brain exists merely to cool the blood and is not involved in the process of thinking. This is true only of certain persons.
Will Cuppy
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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