The Consumption Capital Asset Pricing Model (C-CAPM) is tested using data on equity prices in Jordan, Turkey, and Pakistan over the period 1986 -1993. The analysis is carried out in two steps. The parameters of agents' dynamic consumption and investment decisions are first estimated, and then the im
โฆ LIBER โฆ
Testing the CAPM revisited
โ Scribed by Surajit Ray; N.E. Savin; Ashish Tiwari
- Book ID
- 116641716
- Publisher
- Elsevier Science
- Year
- 2009
- Tongue
- English
- Weight
- 217 KB
- Volume
- 16
- Category
- Article
- ISSN
- 0927-5398
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