LIBROS DEL AUTOR: john leusner

1 resultados para LIBROS DEL AUTOR: john leusner

john leusner Eliminar filtro Quitar filtros
  • Finance and Economics Discussion Series
    John Leusner / et al. / United States Federal Reserve Board
    A long standing puzzle in the Capital Asset Pricing Model (CAPM) has been the inability of empirical work to validate it. This paper presents a new approach to estimating the CAPM, taking into account the differences between observable and expected returns for risky assets and for the market portfolio of all traded assets, as well as inherent nonlinearities and the effects of e...
    Disponible

    15,76 €