Essays in empirical asset pricing
Capital Asset Pricing Model (CAPM) is the most widely used model in asset pricing. This model evaluates the asset return in relation to the market return and the sensitivity of the security to the market. However, the evidence supporting the CAPM is mixed. Alternatives to the CAPM in determining the...
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| Format: | Doctoral Thesis |
| Language: | English |
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Handelshögskolan i Stockholm, Ekonomisk Statistik (ES)
2005
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| Online Access: | http://urn.kb.se/resolve?urn=urn:nbn:se:hhs:diva-510 http://nbn-resolving.de/urn:isbn:91-7258-691-5 |