Advances in Financial Planning and Forecasting, Volume 7 (Advances in Financial Planning and Forecasting)
Publisher: JAI Press
Published: November 1, 1997
Language: eng
Format: Hardcover
Number of pages: 304
ISBN-13: 9780762301249
Subjects: Budgeting & financial management; Economic forecasting; Political economy; Finance; Business & Economics; Business / Economics / Finance; Business/Economics; Business & Economics / Finance; Reference - General
First sentence: The equilibrium pricing models of assets such as the Capital Asset Pricing Model developed by Sharpe (1964) and Lintner (1965) as well as the multifactor models motivated by the theory of Ross (1976) define the asset's return as a function of its systematic risk.