An empirical study on capital assets pricing model under heteroskedasticity in Taiwan stock market
碩士 === 輔仁大學 === 經濟學研究所 === 94 === Most empirical studies of the static CAPM assume that betas remain constant over time and that the return on the value-weighted portfolio of all stocks is a proxy for the return on average wealth. The general consensus is that the static CAPM is unable to explain th...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Others |
| Language: | zh-TW |
| Published: |
2006
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| Online Access: | http://ndltd.ncl.edu.tw/handle/61334705653618930802 |