Equilibrium on capital market - fifty years of CAPM family Cover Image

Równowaga rynku kapitałowego - pół wieku historii rodziny CAPM
Equilibrium on capital market - fifty years of CAPM family

Author(s): Krzysztof Jajuga
Subject(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.

  • Issue Year: 2013
  • Issue No: 63
  • Page Range: 181-192
  • Page Count: 12