The Australian asset-pricing debate
© 2015 AFAANZ. Utilising a comprehensive data set for Australian firms, we examine a range of competing asset-pricing models, including the four- and five-factor models where the equity-risk premium is augmented by size, value, momentum and liquidity premia, and find that none of the models tested a...
| Main Authors: | , , |
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| Format: | Journal Article |
| Published: |
Blackwell Publishing
2015
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| Online Access: | http://hdl.handle.net/20.500.11937/9927 |