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Finance 50, pp. 185-224 60. Kothari. S. P. J Shanken. and Richard G. Sloan. 1994."Another Look at the Cross Section of Stock Returns, " Journal of Finance 49, pp. 101-21 61. Lintner, J. 1965, "Security Prices, Risk and Maximal Gains from Diversification,"Journal of Finance 20 pp. 587-615 Portfolio and Capital Budgets, "Review of Economics and Statistics, February, pp 13-2 ock 62.-,1965, The Valuation of Risk Assets and the selection of risky Investments in St 1969, " The Aggregation of Investor's Diverse Judgements and Preferences in Purely Competitive Security Markets, Journal of financial and Quantitative Analysis 64. Macaulay, FR, 1938, "Some Theoretic Problems Suggested by the Movement of Interest Rates, Bond Yields and Stock Prices in the United States Since 1856" National Bureau of Economic Research, Columbia, New York 65. Malkiel, B.G., 1962, "Expectations, Bond Prices, and the Term Structure of Interest Rates Quarterly Journal of Economics, pp 197-218 1992, " Efficient market hypothesis, in Newman P, M. Milgate, and J. Eatwell(ed ) The New Palgrave Dictionary of Money and finance, Micmillan, London 996. A Random Walk Down Street. 6th ed.. New York W. W. Norton 68. Markowitz, Harry M, 1952, Portfolio Selection", Journal of Finance 7, pp.77-91 69. Mehra, Rajnish, and Edward Prescott, 1985, "The Equity Premium Puzzle, "Journal of Monetary Economics 15, pp. 145-61 70. Merton, R, 1973,An Intertemporal Capital Asset Pricing Model, Econometrica September, pp. 867-888 71. Miller, M, and F Modigliani, 1961, "Dividend Policy, Growth and the Valuation of Shares Journal of business 72. Miller, Merton, and Myron Scholes, 1972,"Rate of Return in Relation to Risk: A Reexamination of Some Recent Findings, in Michael C Jensen(ed ), Studies in the Theories of capital Markets, Praeger, New York 73. Modigliani, franco, and Richard Cohn, 1979, "Inflation, Rational Valuation, and the Market Financial Analysts Journal, March-April 74. Modigliani, F, and M. Miller, 1958, The Cost of Capital, Corporation Finance, and the Theory of Investment", American Economic Review, June 75. Molodovsky, N,1965,"Common Stock valuation--Principles, Tables and applications" 76. Mossin, J. 1966,"Equilibrium in a Capital Market, Econometrica, October, pp 768-83 77. Pagan, Adrian, and G. william Schwert, 1990, "Alternative Models for Conditional Stock Volatility, " Journal of Econometrics 45, pp 267-90 78. Reiss, A.J., Jr, 1980, ""Selecting Strategies of Social Control Over Organizational Life",in Enforcing Regulation, edited by K. Hawkins J M. Thomas, Kluwer-Nijhoff 79. Roberts, H, 1967, " Statistical Versus Clinical Prediction of the Stock Market, unpublished manuscript, Center for Research in Security Prices, University of Chicago 80. Roll, R, 1977, A Critique of Asset Pricing Theory: Part I. On the Past and Potential Testability of the Theory, Journal of Financial Economics, March, pp. 129-76 81. Roll, R and Stephen A. RoSs, 1994, On the Cross-Sectional Relation between Expected Return and Betas, Journal of Finance 49, pp. 101-21 82. Ross, Stephen A, 1976, The Arbitrage Theory of Capital Asset Pricing", Journal of Economic Theory 13, pp. 341-60Finance 50, pp. 185-224. 60. Kothari, S. P., J. Shanken, and Richard G. Sloan, 1994, “Another Look at the Cross Section of Stock Returns,” Journal of Finance 49, pp.101-21. 61. Lintner, J.,1965, “Security Prices, Risk and Maximal Gains from Diversification,” Journal of Finance 20.pp.587-615. 62. ——,1965, “The Valuation of Risk Assets and the Selection of Risky Investments in Stock Portfolio and Capital Budgets,” Review of Economics and Statistics, February, pp.13-37. 63. ——, 1969, “The Aggregation of Investor’s Diverse Judgements and Preferences in Purely Competitive Security Markets,” Journal of Financial and Quantitative Analysis. 64. Macaulay, F.R.,1938, “ Some Theoretic Problems Suggested by the Movement of Interest Rates, Bond Yields and Stock Prices in the United States Since 1856”, National Bureau of Economic Research ,Columbia, New York. 65. Malkiel, B.G., 1962, “Expectations, Bond Prices, and the Term Structure of Interest Rates”, Quarterly Journal of Economics, pp.197-218. 66. ——, 1992, “Efficient market hypothesis”, in Newman P., M. Milgate, and J. Eatwell (ed.), The New Palgrave Dictionary of Money and finance, Micmillan, London. 67. ——, 1996, A Random Walk Down Street, 6th ed., New York, W. W. Norton. 68. Markowitz, Harry M.,1952, “Portfolio Selection”, Journal of Finance 7, pp.77-91. 69. Mehra, Rajnish, and Edward Prescott, 1985, “The Equity Premium Puzzle,” Journal of Monetary Economics 15, pp.145-61. 70. Merton, R., 1973, “An Intertemporal Capital Asset Pricing Model,” Econometrica, September, pp.867-888. 71. Miller, M., and F. Modigliani, 1961,"Dividend Policy, Growth and the Valuation of Shares", Journal of Business. 72. Miller, Merton, and Myron Scholes, 1972, “Rate of Return in Relation to Risk: A Reexamination of Some Recent Findings,” in Michael C. Jensen (ed.), Studies in the Theories of Capital Markets, Praeger, New York. 73. Modigliani, Franco, and Richard Cohn, 1979, "Inflation, Rational Valuation, and the Market", Financial Analysts Journal, March-April. 74. Modigliani, F., and M. Miller, 1958, "The Cost of Capital, Corporation Finance, and the Theory of Investment", American Economic Review, June. 75. Molodovsky,N.,1965,“Common Stock Valuation——Principles, Tables and Applications”, Financial Analysts Journal ,March-April. 76. Mossin, J. 1966, “Equilibrium in a Capital Market,” Econometrica, October, pp.768-83. 77. Pagan, Adrian, and G. William Schwert, 1990, “Alternative Models for Conditional Stock Volatility,” Journal of Econometrics 45, pp.267-90. 78. Reiss, A.J., Jr., 1980, “Selecting Strategies of Social Control Over Organizational Life”, in Enforcing Regulation, edited by K. Hawkins & J.M. Thomas, Kluwer-Nijhoff. 79. Roberts, H., 1967, “Statistical Versus Clinical Prediction of the Stock Market,” unpublished manuscript, Center for Research in Security Prices, University of Chicago. 80. Roll, R., 1977, “A Critique of Asset Pricing Theory: Part I. On the Past and Potential Testability of the Theory,” Journal of Financial Economics, March, pp.129-76. 81. Roll, R. and Stephen A. Ross, 1994, “On the Cross-Sectional Relation between Expected Return and Betas,” Journal of Finance 49, pp.101-21. 82. Ross,Stephen A.,1976,“The Arbitrage Theory of Capital Asset Pricing”,Journal of Economic Theory 13, pp.341-60
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