The Conditional CAPM and Cross-Section of Expected Returns in Taiwan stock market
碩士 === 東吳大學 === 經濟學系 === 87 === 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 the...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Others |
| Language: | zh-TW |
| Published: |
1999
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| Online Access: | http://ndltd.ncl.edu.tw/handle/15755169783686775020 |