Asset Pricing - A Brief Review

Li, Minqiang (2010): Asset Pricing - A Brief Review.

Abstract

I first introduce the early-stage and modern classical asset pricing and portfolio theories. These include: the capital asset pricing model (CAPM), the arbitrage pricing theory (APT), the consumption capital asset pricing model (CCAPM), the intertemporal capital asset pricing model (ICAPM), and some other important modern concepts and techniques. Finally, I discuss the most recent development during the last decade and the outlook in the field of asset pricing.

• Item Type: MPRA Paper
• Language: Chinese
• Keywords: Asset Pricing Models
• Subjects: B - History of Economic Thought, Methodology, and Heterodox Approaches > B1 - History of Economic Thought through 1925 > B10 - General; D - Microeconomics > D4 - Market Structure, Pricing, and Design > D46 - Value Theory; G - Financial Economics > G1 - General Financial Markets > G12 - Asset Pricing ; Trading Volume ; Bond Interest Rates

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