A narrative review is presented, within the organizing framework of a meta-analysis, of
econometric models reported in the business literature that estimate the effect of advertising …

资本资产定价模型的实证研究 Page 1 资本资产定价模型的实证研究 * 陈浪南屈文洲 (厦门大学财
金系361005) 本文试图运用上海股票市场的数据, 对资本资产定价模型进行实证检验, 尤其注重在 …

∎ In recent decades, theoretical breakthroughs in such areas as portfolio diversification,
market efficiency, and asset pricing have converged into compelling recommendations …

A conditional one-factor model can account for the spread in the average returns of
portfolios sorted by book-to-market ratios over the long run from 1926 to 2001. In contrast …

This successful text, now in its second edition, offers the most comprehensive overview of
monetary economics and monetary policy currently available. It covers the microeconomic …

Bitcoin is emerging as a distinct asset class among investors given its seemingly detached
price behavior relative to market and economic fundamentals. Its incomparably high returns …

Publisher Summary This chapter reviews various econometric methods that are available for
empirical evaluation of linear beta pricing models by using time-series observations on …

Equity risk measured by beta is of great interest to both academics and practitioners.
Existing estimates of beta use historical returns. Many studies have found option-implied …

In this paper, we use average monthly returns and monthly cross-sectional regressions to
investigate the relation between returns and firm size. During the period 1963–1981, we find …

M&A activity has greatly increased in Latin America in the recent past. As a result, the
improvement of valuation techniques has gained a prominent place in the agenda of …