Conditions for a CAPM equilibrium with positive prices

Journal of Economic Theory

Volumn 137, Issue 1, 2007, Pages 404-415

  Levy, Moshe ^a,b  

^a UNIVERSITY OF CALIFORNIA   (United States)

^b HEBREW UNIVERSITY OF JERUSALEM   (Israel)

Author keywords

Capital asset pricing model; Equity premium; Positive prices; Segmented market

Indexed keywords

EID: 36048963985     PISSN: 00220531     EISSN: 10957235     Source Type: Journal    
DOI: 10.1016/j.jet.2007.01.004     Document Type: Article

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