Breaking Bad: Parameter Uncertainty Caused by Structural Breaks in Stocks

Dec 16, 2025·

Lukas Salcher

Sebastian Stöckl

· 1 min read

Presentation at the 2025 New Zealand Finance Meeting (NZFM), 14–16 December 2025, Crowne Plaza Queenstown, New Zealand. Session “Asset Pricing: The Factor Zoo” (chair: Robert Webb, University of Virginia), Crowne I room, Tuesday 16 December 2025, 16:30–18:00.

Working Paper: Breaking Bad: Parameter Uncertainty Caused by Structural Breaks in Stocks
Conference program: NZFM 2025 Full Program (PDF)

Last updated on 2026-04-23

Authors

Sebastian Stöckl

Associate Professor in Financial Economics

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