Równowaga rynku kapitałowego - pół wieku historii rodziny CAPM
Equilibrium on capital market - fifty years of CAPM family
Author(s): Krzysztof JajugaSubject(s): Economy
Published by: Wydawnictwo Naukowe Uniwersytetu Szczecińskiego
Keywords: equilibrium on capital market; CAPM
Summary/Abstract: The paper presents review of models derived from seminal CAPM (Capital Asset Pricing Model). In the consecutive sections of the paper the following problems are discussed: history of the emergence of the model, extensions and modifications of the model, adequacy of the model under current changes on the financial markets.
Journal: Finanse, Rynki Finansowe, Ubezpieczenia
- Issue Year: 2013
- Issue No: 63
- Page Range: 181-192
- Page Count: 12