A New Model of Capital Asset Prices : Theory and Evidence /

This book proposes a new capital asset pricing model dubbed the ZCAPM that outperforms other popular models in empirical tests using US stock returns. The ZCAPM is derived from Fischer Black's well-known zero-beta CAPM, itself a more general form of the famous capital asset pricing model (CAPM)...

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Bibliographic Details

Main Authors:	Kolari, James W. (Author), Liu, Wei (Author), Huang, Jianhua Z. (Author)
Corporate Author:	SpringerLink (Online service)
Format:	eBook
Language:	English
Published:	Cham : Springer International Publishing : Imprint: Palgrave Macmillan, 2021.
Edition:	1st ed. 2021.
Subjects:	Finance. Economic theory. Finance, general. Economic Theory/Quantitative Economics/Mathematical Methods. Electronic books.
Online Access:	Connect to the full text of this electronic book