Asset pricing in developed and emerging markets:a survey
Asset pricing theory states that investors should be rewarded for the risks that are associated with the state variables, in addition to market risks, which affect their investment opportunity sets. The state variables, however, are latent variables that vary (a) within developed markets (which cons...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Penerbit UTM Press
2016
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| Subjects: | |
| Online Access: | http://irep.iium.edu.my/55105/ http://irep.iium.edu.my/55105/ http://irep.iium.edu.my/55105/1/Hakim%20and%20Mohamad%20%282016%29%20SH.pdf |