A financial CCAPM and economic inequalities
نویسندگان
چکیده
Taylor & Francis makes every effort to ensure the accuracy of all the information (the “Content”) contained in the publications on our platform. However, Taylor & Francis, our agents, and our licensors make no representations or warranties whatsoever as to the accuracy, completeness, or suitability for any purpose of the Content. Any opinions and views expressed in this publication are the opinions and views of the authors, and are not the views of or endorsed by Taylor & Francis. The accuracy of the Content should not be relied upon and should be independently verified with primary sources of information. Taylor and Francis shall not be liable for any losses, actions, claims, proceedings, demands, costs, expenses, damages, and other liabilities whatsoever or howsoever caused arising directly or indirectly in connection with, in relation to or arising out of the use of the Content.
منابع مشابه
Risk and return: CAPM and CCAPM
Can consumption growth risk (or consumption beta) serve a better measure of risk than market beta? This paper answers this question by testing and comparing the performance of the traditional Capital Asset Pricing Model (CAPM) and consumption-based CAPM (CCAPM) across seven financial market sub-sectors in the emerging Taiwan stock market. The empirical performance of the CAPM is encouraging. Th...
متن کاملنابرابری بهداشتی با منشا اقتصادی-اجتماعی و شاخصهای اندازهگیری آن در مطالعات اپیدمیولوژی
The term "health inequalities" is not a descriptive one: it refers to discrepancies in morbidity and mortality, life expectancy, disability life adjusted years, etc that are due to differences in such factors as socioeconomic status, gender and race/ethnicity. Socio-economic inequalities are the differences in health status (e.g. disease prevalence and incidence rates) across various socio-econ...
متن کاملمقایسه تطبیقی الگوهای قیمتگذاری دارایی سرمایهای مبتنی بر مصرف در بازار سرمایه ایران(رویکرد رگرسیون دو مرحلهای فاما و مکبث)
هدف اصلی پژوهش حاضر تبیین مقایسهای مدل قیمتگذاری دارایی سرمایهای مبتنی بر مصرف سنتی[i] و مدل قیمتگذاری دارایی سرمایهای مبتنی بر مصرف تعدیل شده با لحاظ ریسک نقدشوندگی در بازار سرمایه ایران است. جامعه آماری مورد مطالعه این پژوهش شرکتهای پذیرفته شده در بورس اوراق بهادار تهران در دوره زمانی 1388 تا 1396 است. با مقایسهای میان این دو نوع مدل قیمتگذاری با استفاده از مدل رگرسیونی دو مرحلهای فا...
متن کاملSubjective financial well-being, income and health inequalities in mid and later life in Britain.
The relationship between health and income is well established, but the link between subjective financial well-being and self-reported health has been relatively ignored. This study investigates the relationship between income, subjective financial well-being and health in mid-life and later life in Britain. Analysis of the General Household Survey for 2006 examined these relationships at ages ...
متن کاملThe View from the County: China’s Regional Inequalities of Socio-Economic Development
The central contribution of this paper is to provide a description and analysis of spatial inequalities in China at the county scale. Previous accounts have concentrated primarily on crude provincial level economic data. By using data from more than 2000 counties, and in focusing on socio-economic agendas, it is the aim of this paper to provide a more nuanced and sophisticated account of China’...
متن کامل