Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

Many empirical research in modern finance concerns the relationship between the expected return and risk. The Capital Asset Pricing Model (CAPM) was the introduction of the asset pricing theory, a theory that is used to explain the return on assets and more specific the variation of return because of the variation in risk. The capital asset pricing model (CAPM) was first invented by William Sharpe (1964) and John Lintner (1965). The model supposes a linear relationship between the expected return on an asset and its systematic risk, measured by beta. It assumes that the return of an asset should only depend on the systematic risk which can't be diversified away, even when holding a broad portfolio of assets.

CAPM. --- Capital Asset Pricing Model. --- Capital asset pricing model. --- Constant beta. --- Constant betas. --- Fama and French. --- Fama-Macbeth. --- Multifactormodel. --- SML. --- Security Market Line. --- Time-varying beta. --- Time-varying betas.

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

Capital assets pricing model. --- Capital asset pricing model --- CAPM (Capital assets pricing model) --- Pricing model, Capital assets --- Capital --- Finance --- Investments --- Mathematical models

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

Investment management --- Private finance --- Mathematical statistics --- 330.115 --- Capital assets pricing model --- Econometrics --- Finance --- -Finance --- -Funding --- Funds --- Economics --- Currency question --- Economics, Mathematical --- Statistics --- Capital asset pricing model --- CAPM (Capital assets pricing model) --- Pricing model, Capital assets --- Capital --- Investments --- Econometrie --- Mathematical models --- Statistical methods --- Capital assets pricing model. --- Econometrics. --- Mathematical models. --- Statistical methods. --- -Econometrie --- 330.115 Econometrie --- -Capital asset pricing model --- Funding

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

A Behavioral Approach to Asset Pricing Theory examines the reigning assumptions of asset pricing theory and reconstructs them to incorporate findings from behavioral finance. It constructs a solid, intact structure that challenges classic assumptions and at the same time provides a strong theory and efficient empirical tools. Building on the models developed by both traditional asset pricing theorists and behavioral asset pricing theorists, this book takes the discussion to the next step. The author provides a general behaviorally based intertemporal treatment of asset pricing theory

International financial management --- Capital structure --- Capital assets pricing model --- Risk management --- Capital assets pricing model. --- Risk management. --- 332.63221 --- Insurance --- Management --- Capital asset pricing model --- CAPM (Capital assets pricing model) --- Pricing model, Capital assets --- Capital --- Finance --- Investments --- Mathematical models --- Finances

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

Theoretical and empirical analysis of the structure of household portfolios.Until recently, researchers in economics and finance paid relatively little attention to household portfolios. Reasons included the tendency of most households to hold simple portfolios, the inability of the dominant asset pricing models to account for household portfolio incompleteness, and the lack of detailed databases on household portfolios in many countries until the late 1980s or 1990s. Now, however, the analysis of household portfolios is emerging as a field of vigorous study.The eleven chapters in this collection provide an overview of current theoretical knowledge about the structure of household portfolios and compare predictions with empirical findings. The book describes the state-of-the-art tools of analytical, computational, and econometric investigation, as well as some of the key policy questions. It provides an original comparative analysis of household portfolios in countries for which detailed household-level data are available (the United States, the United Kingdom, Italy, Germany, and the Netherlands). Finally, it uses microdata for an in-depth study of the portfolio composition of population groups of special policy interest, such as the young, the elderly, and the rich.

Portfolio management --- Capital assets pricing model --- Saving and investment --- Finance --- Business & Economics --- Investment & Speculation --- Capital asset pricing model --- CAPM (Capital assets pricing model) --- Pricing model, Capital assets --- Capital --- Investments --- Mathematical models --- ECONOMICS/Finance --- ECONOMICS/Microeconomics