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SSRN Research Paper Series
The Social Science Research Network’s Research Paper Series includes working papers produced by Stanford GSB the Rock Center.
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Gold Mining Stocks: An Economic Analysis, 1968-1974
Abstract not available.
Market Equilibrium in a Multiperiod State Preference Model With Logarithmic Utility
Abstract not available.
The Capital Asset Pricing Model: A "Multi-Beta" Interpretation
Abstract not available.
Unanticipated Inflation and the Value of Common Equity: Two Insights on the Theory
Abstract not available.
Bonds Versus Stocks: Some Lessons From Capital Market Theory
The apparent end of the bear market in bonds and relatively high interest rates have led some investors to conclude that bonds are now the superior investment medium. On the other hand, stocks continue to command a large following. Theoretically…
Decentralized Capital Budgeting Decisions and Shareholder Wealth Maximization
The firm’s objective function is well defined as shareholder wealth maximization. However, the firm is a group of individuals and each member has objectives that are not necessarily coincidental to the organization’s goal. This paper investigates…
Forecasting the Market Return on Common Stocks
Abstract not available.
Imputing Expected Security Returns From Portfolio Composition
Abstract not available.
Inflation, The Kessel-Alchian Hypothesis, and the Value of the Firm
Abstract not available.
Inter-Industry Profitability Under Uncertainty
Abstract not available.
International Pricing of Risk: An Empirical Investigation of the World Capital Market Structure
Abstract not available.
Investment Objectives: Diversification, Risk and Exposure to Surprise
Abstract not available.
Note on the Validity of the Random Walk for European Stock Prices
Abstract not available.
Price-Level Restated Accounting, and the Measurement of Inflation Gains and Losses
Abstract not available.
Pricing Of Initial Equity Issues: The French Sealed-bid Auction
Abstract not available.
A Risk-Return Analysis of Common Stocks As Inflation Hedges
Abstract not available.
The Advantages of Domestic and International Diversification
Abstract not available.
The Capital Asset Pricing Model: Traditional and "Zero-Beta" Versions
Abstract not available.
An Equilibrium Model of the International Capital Market
Abstract not available.