33. Fama, Eugene F, and Kenneth French, 1992,"The Cross Section of Expected Stock Returns, Journal of Finance 47, pp. 427-66 34 1993, Common risk factors in the returns on stocks and bonds, Journal of financial Economics, Vol 33, No. 1, February, pp. 3-56 995, Size and book-to-market factors in earnings and returns, "Journal of finance Vol 50, No 1, March, pp. 131-155 36. -,1996, " Multifactor explanations of asset-pricing anomalies, "Journal of finance, Vol 51, No. 1, March, pp 55-84 37. 2002, The Equity Premium", Journal of Finance 57, pp 637-59 38. Fama, E, and J. MacBeth, 1973, Risk, Return and Equilibrium: Empirical Test, Journal of Political Economy 81, pp. 607-36 39. Feldstein, Martin, 1980, Inflation and the Stock Market", American Economic review December 40. Fisher, Lawrence, and James H. Lorie, 1970, "Some Studies of Variability of returns on Investment in Common Stocks, " Journal of Business 43 41. Francis, J.C., 1986, Investments: Analysis and Management, 4th edition, McGraw-Hill Book Company. 42. Friedman, M, 1953, "The Case for Flexible Exchange Rates, In Essays in Positive Economics. Chicago: University of Chicago Press 43. Froot, K. Aand Dabora, E, 1999, How are stock prices affected by the location of trade Joumal of Financial Economics 53, pp 189-216 4. Fuller, R.J., and Hsia, C C ,"A Simplified Model for Estimating Stock Prices of Growth Firms", Financial Analysts Journal, May-June, 1984 45. Gordon, M. J, 1962, The Investment, Financing and Valuation of the Corporation, Irwin, Homewood 46. Gowland, D, 1990, The Regulation Of Financial Market in The 1990s, Edward Elgar Publishing limited 47. Grossman, Sanford J, and Joseph E. Stiglitz, 1980, "On the Impossibility of Informationally efficien 48. Hamada, R, 1972, "The Effect of the Firms Capital Structure on the Systematic Risk of Common Stocks", Journal of finance 27, May 49. Harvey, C.R., 1991, The world price of covariance risk,, Journal of Finance 46, pp. 11l-57 50. Haugen, Robert A, 2002, Modern Investment Theory, 5th ed, Prentice Hall 51. Heaton, John, and Deborah lucas, 1997, Portfolio choice and asset prices: The importance of entrepreneurial risk, " Northwestern University, manuscript 52. Hube, Karen,"Time for Investings Four-Letter Word", The Wall Street Journal, January 53. Hull, J.C., Options Ind Derivative Securities. 5th ed.. Prentice Hall, 2002 54. Jaganathan. Ravi, and Wang 1996."The Conditional CAPM and the Cross-Section of Expected Returns of finance 51, pp 3-54 55. Jorion, Philippe, and William N. Goetmann, 1999, Global Stock Markets in the Twentieth Century, " Journal of Finance 54, pp. 1015-44 56. Kabir, R, 1990, Security Market Regulation: An empirical investigation of trading suspension and insider trading restriction, Datawyse Publishing House, Maastricht 57. Kandel, Schmuel and Robert F Stambaugh, 1987, " On Correlations and Inferences about Mean-Variance Efficiency, Journal of Financial Economics 18, pp 61-90 989, A Mean-Variance Framework for the tests of Asset Pricing Models, Review of Financial Studies 2, pp 125-56 995, Portfolio Inefficiency and the Cross-Section of Expected Return, Journal of33. Fama, Eugene F., and Kenneth French, 1992, “The Cross Section of Expected Stock Returns,” Journal of Finance 47, pp.427-66. 34. ——，1993, “Common risk factors in the returns on stocks and bonds,” Journal of Financial Economics, Vol. 33, No. 1, February, pp. 3-56. 35. ——，1995, “Size and book-to-market factors in earnings and returns,” Journal of Finance, Vol. 50, No.1, March, pp. 131-155. 36. ——, 1996, “Multifactor explanations of asset-pricing anomalies,” Journal of Finance, Vol. 51, No. 1, March, pp. 55-84。 37. ——, 2002, “The Equity Premium”, Journal of Finance 57, pp.637-59. 38. Fama，E., and J. MacBeth, 1973，“Risk, Return and Equilibrium: Empirical Test,” Journal of Political Economy 81，pp.607-36. 39. Feldstein, Martin, 1980, "Inflation and the Stock Market", American Economic Review, December. 40. Fisher，Lawrence, and James H. Lorie, 1970, “Some Studies of Variability of returns on Investment in Common Stocks,” Journal of Business 43. 41. Francis, J.C., 1986, Investments: Analysis and Management, 4 th edition, McGraw-Hill Book Company. 42. Friedman, M., 1953, “The Case for Flexible Exchange Rates,” In Essays in Positive Economics. Chicago: University of Chicago Press. 43. Froot, K. A. and Dabora, E., 1999, “How are stock prices affected by the location of trade”, Journal of Financial Economics 53, pp.189-216. 44. Fuller, R.J., and Hsia, C.C., “A Simplified Model for Estimating Stock Prices of Growth Firms”, Financial Analysts Journal, May-June,1984. 45. Gordon，M. J.，1962，The Investment, Financing and Valuation of the Corporation, Irwin, Homewood. 46. Gowland, D., 1990, The Regulation Of Financial Market in The 1990s, Edward Elgar Publishing Limited. 47. Grossman, Sanford J., and Joseph E. Stiglitz, 1980, “On the Impossibility of Informationally Efficient Markets,” American Economic Review 71, pp.393-408. 48. Hamada, R., 1972, “The Effect of the Firm’s Capital Structure on the Systematic Risk of Common Stocks”, Journal of Finance 27, May. 49. Harvey, C.R., 1991, “The world price of covariance risk”, Journal of Finance 46, pp.111-57. 50. Haugen, Robert A., 2002, Modern Investment Theory, 5th ed., Prentice Hall. 51. Heaton, John, and Deborah Lucas, 1997, “Portfolio choice and asset prices: The importance of entrepreneurial risk,” Northwestern University, manuscript. 52. Hube, Karen，“Time for Investing’s Four-Letter Word”, The Wall Street Journal, January 1, 1998. 53. Hull，J.C.，Options，Futures， and Derivative Securities, 5th ed., Prentice Hall，2002. 54. Jaganathan, Ravi, and Zhenyu Wang, 1996, “The Conditional CAPM and the Cross-Section of Expected Returns,” Journal of Finance 51, pp.3-54. 55. Jorion, Philippe, and William N. Goetmann, 1999, “Global Stock Markets in the Twentieth Century,” Journal of Finance 54, pp.1015-44. 56. Kabir, R., 1990, Security Market Regulation: An empirical investigation of trading suspension and insider trading restriction, Datawyse Publishing House, Maastricht. 57. Kandel, Schmuel and Robert F.Stambaugh, 1987, “On Correlations and Inferences about Mean-Variance Efficiency,” Journal of Financial Economics 18, pp.61-90. 58. ——，1989, “A Mean-Variance Framework for the tests of Asset Pricing Models,” Review of Financial Studies 2, pp125-56. 59. ——，1995, “Portfolio Inefficiency and the Cross-Section of Expected Return,” Journal of