SZodixStudyAcademic Library
ShelvesOpen access
Study · an open academic library·Metadata from OpenAlex (CC0)·Shelves·OpenAlex metadata, de-duplicated
Trade in Risky Assets
16 references·12 citing·41 second hop
Trade in Risky Assets (1987)Trade in Risky AssetsThe General Validity of the Heckscher-Ohlin Theorem (2011)The General Validity of the H…The Valuation of Uncertain Income Streams and the Pricing of Options (2010)The Valuation of Uncertain In…The economics of uncertainty: Selected topics and probabilistic methods (2000)The economics of uncertainty:…Taxation of asset income in the presence of a world securities market (1989)Taxation of asset income in t…International portfolio nondiversification and exchange rate variability (1989)International portfolio nondi…Capital flows, investment, and exchange rates (1987)Capital flows, investment, an…International Trade and Resource Allocation (1984)International Trade and Resou…Interest rates and currency prices in a two-country world (1982)Interest rates and currency p…HIGHER D IMENSIONAL ISSUES IN TRADE T HEORY (1982)HIGHER D IMENSIONAL ISSUES IN…The Theory of International Trade (1980)The Theory of International T…An OCE Analysis of the Effect of Uncertainty on Saving Under Risk Preference Independence (1979)An OCE Analysis of the Effect…Asset Prices in an Exchange Economy (1978)Asset Prices in an Exchange E…A Theory of International Trade Under Uncertainty (1978)A Theory of International Tra…The Valuation of Uncertain Income Streams and the Pricing of Options (1976)The Valuation of Uncertain In…Risk Aversion in the Small and in the Large (1964)Risk Aversion in the Small an…Factor Proportions and the Heckscher-Ohlin Theorem (1956)Factor Proportions and the He…Portfolio and welfare consequences of debt market dominance (2015)Portfolio and welfare consequ…International Financial Flows, Real Exchange Rates and Cross-Border Insurance (2011)International Financial Flows…The role of multinational production in a risky environment (2010)The role of multinational pro…The Determinants of Cross-Border Equity Transaction Flows (2002)The Determinants of Cross-Bor…Issues in Capital Account Convertibility in Developing Countries (2001)Issues in Capital Account Con…Do international investment income flows smooth income? (2001)Do international investment i…Endogenous trade policy and the gains from international financial markets (1999)Endogenous trade policy and t…An Intertemporal Model of International Capital Market Segmentation (1996)An Intertemporal Model of Int…Exploring the limits of comparative advantage (1994)Exploring the limits of compa…Liquidity, capital controls, and exchange rates (1993)Liquidity, capital controls, …Opening the capital account : a survey of issues and results (1992)Opening the capital account :…Exchange rate variability and asset trade (1989)Exchange rate variability and…DOMESTIC PRODUCTION AND FOREIGN TRADE: THE AMERICAN CAPITAL POSITION REEXAMINED (1953)THE FACTOR PROPORTIONS THEORY: THE N?FACTOR CASE (1968)Chapter 10 Testing trade theories and predicting trade flows (1984)Comparative Advantage in Manufactured Goods: A Reappraisal (1986)Human Capital, the Structure of Production, and Growth (2009)Immiserizing Growth: A Geometrical Note (1958)Theory of Value (1959)Trying to Explain Home Bias in Equities and Consumption (1999)The Economics of Exchange Rates (2003)Real-time price discovery in global stock, bond and foreign exchange markets (2007)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Pricing of Options and Corporate Liabilities (1973)Theory of Rational Option Pricing (1973)Recovering Risk Aversion from Option Prices and Realized Returns (1996)The Equity Premium in Retrospect (2003)Why Are Put Options So Expensive? (2014)Rational Expectations and the Theory of Price Movements (1961)Aspects of the Theory of Risk-Bearing. (1966)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)The equity premium: A puzzle (1985)Economic Forces and the Stock Market (1986)Efficient Capital Markets: II (1991)Principles of Political Economy. (1910)Trade as a Handmaiden of Growth: Similarities Between the Nineteenth and Twentieth Centuries (1970)Purchasing power parity (1978)Technological convergence, R&D, trade and productivity growth (2003)Fiscal spending and the environment: Theory and empirics (2011)Pareto Inferior Trade (1984)Economic integration, industrial specialization, and the asymmetry of macroeconomic fluctuations (2001)Financial Super-Markets: Size Matters for Asset Trade (2001)Product quality, intra-industry trade and (im)perfect competition (1987)The Impact of Immigration on the British Labour Market (2005)The Economics of Input-Output Analysis (2006)Distortions in Factor Markets and the General Equilibrium Model of Production (1971)Nash Equilibrium and the History of Economic Theory (1999)Implied Binomial Trees (1994)Resurrecting the (C)CAPM: A Cross‐Sectional Test When Risk Premia Are Time‐Varying (2001)The Adaptive Markets Hypothesis (2004)On the measurement of inequality (1970)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)The arbitrage theory of capital asset pricing (1976)
this work references cited by second hop

References

  • 1978Asset Prices in an Exchange Economy5,057 cited
  • 1964Risk Aversion in the Small and in the Large4,964 cited
  • 1976The Valuation of Uncertain Income Streams and the Pricing of Options1,620 cited
  • 1982Interest rates and currency prices in a two-country world1,256 cited
  • 1984International Trade and Resource Allocation346 cited
  • 1980The Theory of International Trade337 cited
  • 2010The Valuation of Uncertain Income Streams and the Pricing of Options282 cited
  • 2011The General Validity of the Heckscher-Ohlin Theorem224 cited
  • 1956Factor Proportions and the Heckscher-Ohlin Theorem217 cited
  • 1978A Theory of International Trade Under Uncertainty214 cited
  • 1989International portfolio nondiversification and exchange rate variability169 cited
  • 1982HIGHER D IMENSIONAL ISSUES IN TRADE T HEORY116 cited
  • 1987Capital flows, investment, and exchange rates90 cited
  • 1979An OCE Analysis of the Effect of Uncertainty on Saving Under Risk Preference Independence82 cited
  • 1989Taxation of asset income in the presence of a world securities market81 cited
  • 2000

Only edges whose both ends are imported exist here. Widen the year window, or show the whole map. Back to the work

The economics of uncertainty: Selected topics and probabilistic methods
72 cited

Cited by

  • 2011International Financial Flows, Real Exchange Rates and Cross-Border Insurance52 cited
  • 1989Exchange rate variability and asset trade48 cited
  • 1996An Intertemporal Model of International Capital Market Segmentation48 cited
  • 2002The Determinants of Cross-Border Equity Transaction Flows38 cited
  • 2001Do international investment income flows smooth income?34 cited
  • 2010The role of multinational production in a risky environment30 cited
  • 2015Portfolio and welfare consequences of debt market dominance29 cited
  • 1999Endogenous trade policy and the gains from international financial markets27 cited
  • 1992Opening the capital account : a survey of issues and results27 cited
  • 1994Exploring the limits of comparative advantage24 cited
  • 2001Issues in Capital Account Convertibility in Developing Countries24 cited
  • 1993Liquidity, capital controls, and exchange rates13 cited