This thesis consists of three essays. The first essay (chapter two) examines the relationship between idiosyncratic volatility and future returns in the Canadia

This dissertation consists of three essays on stock market volatility. In the first essay, we show that investors will have the information in the idiosyncratic

In this thesis, I study three aspects of idiosyncratic volatility. First, I examine the relation between idiosyncratic volatility and future stock returns. Next