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Capital Market Segmentation and U.S. Farm Real Estate Pricing
16 references·1 citing·45 second hop
Capital Market Segmentation and U.S. Farm Real Estate Pricing (1995)Capital Market Segmentation and U.S. Farm…Another Look at Returns to Agricultural and Nonagricultural Assets (1992)Another Look at Returns to Ag…Stocks, bonds, bills, and inflation : historical returns (1926-1987) (1989)Stocks, bonds, bills, and inf…Returns to Farm Real Estate Revisited (1988)Returns to Farm Real Estate R…Arbitrage Pricing, Capital Asset Pricing, and Agricultural Assets (1988)Arbitrage Pricing, Capital As…Nonfarm Equity in Agriculture: Past, Present, and Future (1986)Nonfarm Equity in Agriculture…Integration vs. Segmentation in the Canadian Stock Market (1986)Integration vs. Segmentation …Farm Income Data: A Historical Perspective (1986)Farm Income Data: A Historica…Solutions (or Resolutions) of Financial Stress Problems from the Private and Public Sectors (1985)Solutions (or Resolutions) of…International Asset Pricing under Mild Segmentation: Theory and Test (1985)International Asset Pricing u…Potential performance and tests of portfolio efficiency (1982)Potential performance and tes…Multivariate tests of financial models (1982)Multivariate tests of financi…On the Effects of Barriers to International Investment (1981)On the Effects of Barriers to…Capital Asset Pricing and Farm Real Estate (1980)Capital Asset Pricing and Far…Nonmarketable Assets, Market Segmentation, and the Level of Asset Prices (1976)Nonmarketable Assets, Market …Market Segmentation: Evidence on the Individual Investor (1976)Market Segmentation: Evidence…International capital market equilibrium with investment barriers (1974)International capital market …Should Saskatchewan Farmland be Part of Your Investment Portfolio? (2000)Should Saskatchewan Farmland …CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Valuation of Risk Assets and the Selection of Risky Investments in Stock Portfolios and Capital Budgets (1965)Risk, Return, and Equilibrium: Empirical Tests (1973)A Test of the Efficiency of a Given Portfolio (1989)The Conditional CAPM and the Cross-Section of Expected Returns (1996)The Capital Asset Pricing Model: Theory and Evidence (2004)Product Differentiation and Market Segmentation as Alternative Marketing Strategies (1956)THE INDIVIDUAL INVESTOR: ATTRIBUTES AND ATTITUDES (1974)How Many Stocks Make a Diversified Portfolio? (1987)Survey evidence on diffusion of interest and information among investors (1989)Beyond Greed and Fear (2002)Liquidity Preference as Behavior Towards Risk (1958)THE PERFORMANCE OF MUTUAL FUNDS IN THE PERIOD 1945–1964 (1968)Capital Market Equilibrium with Restricted Borrowing (1972)On the Estimation of Beta-Pricing Models (1992)Liquidity Risk and Expected Stock Returns (2003)The arbitrage theory of capital asset pricing (1976)The Effects of Market Segmentation and Investor Recognition on Asset Prices: Evidence from Foreign Stocks Listing in the United States (1999)The market reaction to international cross-listings: evidence from Depositary Receipts (1999)Are the Fama and French Factors Global or Country Specific? (2002)International Diversification of Investment Portfolios (1970)The capital asset pricing model: Some empirical tests (1972)International Portfolio Investment Flows (1997)Home Bias at Home: Local Equity Preference in Domestic Portfolios (1999)Trying to Explain Home Bias in Equities and Consumption (1999)Studies in the Theory of Capital Markets. (1973)Equilibrium in an Imperfect Market: A Constraint on the Number of Securities in the Portfolio (2016)From financialization to operations of capital: Historicizing and disentangling the finance–farmland-nexus (2016)This can(’t) be an asset class: The world of money management, “society”, and the contested morality of farmland investments (2018)Farming as Financial Asset (2020)An equilibrium model of the international capital market (1974)A critique of the asset pricing theory's tests Part I: On past and potential testability of the theory (1977)Foundations of Finance. (1977)A Simple Model of Capital Market Equilibrium with Incomplete Information (1987)Time-Varying World Market Integration (1995)Corporate Social Responsibility and Firm Risk: Theory and Empirical Evidence (2018)Equilibrium in a Capital Asset Market (1966)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)Hedging Pressure Effects in Futures Markets (2000)Idiosyncratic Risk Matters! (2003)Share restrictions and asset pricing: Evidence from the hedge fund industry☆ (2006)Session Topic: Capital Asset Pricing Models in an International Context (1974)Information and the Cost of Capital (2004)On estimating the expected return on the market (1980)The equity premium: A puzzle (1985)
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References

  • 1985International Asset Pricing under Mild Segmentation: Theory and Test1,021 cited
  • 1981On the Effects of Barriers to International Investment699 cited
  • 1982Multivariate tests of financial models616 cited
  • 1974International capital market equilibrium with investment barriers551 cited
  • 1986Integration vs. Segmentation in the Canadian Stock Market439 cited
  • 1982Potential performance and tests of portfolio efficiency266 cited
  • 1980Capital Asset Pricing and Farm Real Estate135 cited
  • 1989Stocks, bonds, bills, and inflation : historical returns (1926-1987)93 cited
  • 1976Nonmarketable Assets, Market Segmentation, and the Level of Asset Prices83 cited
  • 1976Market Segmentation: Evidence on the Individual Investor77 cited
  • 1988Returns to Farm Real Estate Revisited48 cited
  • 1988Arbitrage Pricing, Capital Asset Pricing, and Agricultural Assets39 cited
  • 1992Another Look at Returns to Agricultural and Nonagricultural Assets32 cited
  • 1986Nonfarm Equity in Agriculture: Past, Present, and Future18 cited
  • 1985Solutions (or Resolutions) of Financial Stress Problems from the Private and Public Sectors17 cited

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  • 1986Farm Income Data: A Historical Perspective17 cited
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    • 2000Should Saskatchewan Farmland be Part of Your Investment Portfolio?17 cited