An intertemporal capital asset pricing model under heterogeneous beliefs
In: Journal of economics and business, Band 38, Heft 4, S. 317-330
ISSN: 0148-6195
7 Ergebnisse
Sortierung:
In: Journal of economics and business, Band 38, Heft 4, S. 317-330
ISSN: 0148-6195
In: Journal of economics and business, Band 36, Heft 3, S. 335-344
ISSN: 0148-6195
In: The journal of financial research: the journal of the Southern Finance Association and the Southwestern Finance Association, Band 2, Heft 2, S. 111-118
ISSN: 1475-6803
In: Journal of economics and business, Band 43, Heft 2, S. 179-192
ISSN: 0148-6195
In: The journal of financial research: the journal of the Southern Finance Association and the Southwestern Finance Association, Band 7, Heft 2, S. 121-130
ISSN: 1475-6803
AbstractThis paper provides an ex‐post analysis of a multifactor return‐generating model using the factor scores obtained from a common factor analysis of industry‐based portfolios. For the 1975–1980 time period, the correlations among common stock returns can be adequately explained by a three‐factor model. Furthermore, ex post, at least three factors are priced in the stock market. A brief economic interpretation of the proposed common factor is also presented.
In: Journal of economics and business, Band 34, Heft 4, S. 291-301
ISSN: 0148-6195
In: Journal of economics and business, Band 34, Heft 1, S. 39-50
ISSN: 0148-6195