Item description for New Methods for the Arbitrage Pricing Theory and the Present Value Model by Jianping Mei...
This book consists of two essays on new approaches for the Arbitrage Pricing Theory and the Present Value Model, and one essay on cross-sectional correlations in panel data. The new approaches are designed to study a large number of securities over time. They can be employed by security analysts to discover market anomalies without assuming observable factors or constant risk premium. The book shows how these two approaches can be used to determine how many systematic factors affect the US stock market.
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Studio: World Scientific Publishing Company
Est. Packaging Dimensions: Length: 8.6" Width: 6.2" Height: 0.5" Weight: 0.7 lbs.
Publisher World Scientific Publishing Company
ISBN 9810218397 ISBN13 9789810218393