Augmenting the intertemporal CAPM with inflation: Further evidence from alternative models

Studies consistently find that inflation is an important augmented factor for intertemporal capital asset pricing models (ICAPMs) when pricing the Fama–French 25 size and book-to-market portfolios. We extend this line of research by investigating two alternative ICAPM models (from Michel; Hahn and L...

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Bibliographic Details
Main Authors: Shi, Q., Li, B., Cheung, Adrian, Chung, R.
Format: Journal Article
Published: Sage Publications 2017
Online Access:http://hdl.handle.net/20.500.11937/62766