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The Economics of Financial Markets
7 references·5 citing·35 second hop
The Economics of Financial Markets (2005)The Economics of Financial MarketsIntroductory Econometrics for Finance (2008)Introductory Econometrics for…The Conditional CAPM and the Cross-Section of Expected Returns (1996)The Conditional CAPM and the …Another Look at the Cross-Section of Expected Stock Returns (1995)Another Look at the Cross-Sec…The Cross-Section of Expected Stock Returns (1992)The Cross-Section of Expected…Efficient Capital Markets: II (1991)Efficient Capital Markets: IIRisk, Return, and Equilibrium: Empirical Tests (1973)Risk, Return, and Equilibrium…The capital asset pricing model: Some empirical tests (1972)The capital asset pricing mod…Limited attention, the use of accounting information and its impacts on individual investment decision making (2018)Limited attention, the use of…Simulating climate and energy policy with agent-based modelling: The Energy Modelling Laboratory (EMLab) (2017)Simulating climate and energy…Why finance theory fails to survive contact with the real world: A fund manager perspective (2013)Why finance theory fails to s…Manipulation in U.S. REIT Investment Performance Evaluation: Empirical Evidence (2012)Manipulation in U.S. REIT Inv…Staatliche Zinssubvention und Auslandsverschuldung: Eine Mittelwert-Varianz-Analyse am Beispiel Ungarn (2010)Staatliche Zinssubvention und…The Pricing of Options and Corporate Liabilities (1973)Co-Integration and Error Correction: Representation, Estimation, and Testing (1987)Econometric Analysis of Cross Section and Panel Data (2001)Oil prices and the stock prices of alternative energy companies (2007)Stock prices of clean energy firms, oil and carbon markets: A vector autoregressive analysis (2011)The Impact of Corporate Social Responsibility Disclosure on Financial Performance: Evidence from the GCC Islamic Banking Sector (2016)Portfolio Selection: Efficient Diversification of Investments (1959)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)An Intertemporal Capital Asset Pricing Model (1973)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)Common risk factors in the returns on stocks and bonds (1993)On Persistence in Mutual Fund Performance (1997)Fundamental Drivers of Dependence in REIT Returns (2016)Ethical ideology and information manipulation: are the relativists really the bad apples? (2019)Industry Concentration and U.S. REIT Returns (2019)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Business Valuation Inspired by the Austrian School (2015)Differentiating control, monitoring and oversight (2017)Abundant Publications but Minuscule Impact: The Irrelevance of Academic Accounting Research on Practice and the Profession (2020)The Behavior of Stock-Market Prices (1965)Corporate financing and investment decisions when firms have information that investors do not have (1984)Trading Is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors (2000)Capital markets research in accounting (2001)The Valuation of Risk Assets and the Selection of Risky Investments in Stock Portfolios and Capital Budgets (1965)Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency (1993)Illiquidity and stock returns: cross-section and time-series effects (2002)A Model of Intertemporal Emission Trading, Banking, and Borrowing (1996)The Economics of Climate Change: The Stern Review (2007)The economy needs agent-based modelling (2009)Is the Risk of Bankruptcy a Systematic Risk? (1998)What Drives Firm‐Level Stock Returns? (2002)Predicting returns with financial ratios (2004)Consumption, Aggregate Wealth, and Expected Stock Returns (2001)Investor Psychology and Asset Pricing (2001)… and the Cross-Section of Expected Returns (2015)
this work references cited by second hop

References

  • 1992The Cross-Section of Expected Stock Returns17,251 cited
  • 1973Risk, Return, and Equilibrium: Empirical Tests14,248 cited
  • 1991Efficient Capital Markets: II5,346 cited
  • 2008Introductory Econometrics for Finance3,662 cited
  • 1972The capital asset pricing model: Some empirical tests2,705 cited
  • 1996The Conditional CAPM and the Cross-Section of Expected Returns2,537 cited
  • 1995Another Look at the Cross-Section of Expected Stock Returns1,007 cited

Cited by

  • 2017Simulating climate and energy policy with agent-based modelling: The Energy Modelling Laboratory (EMLab)80 cited
  • 2013Why finance theory fails to survive contact with the real world: A fund manager perspective52 cited
  • 2012Manipulation in U.S. REIT Investment Performance Evaluation: Empirical Evidence32 cited
  • 2010Staatliche Zinssubvention und Auslandsverschuldung: Eine Mittelwert-Varianz-Analyse am Beispiel Ungarn26 cited
  • 2018Limited attention, the use of accounting information and its impacts on individual investment decision making2 cited

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