Risk, return and market condition: a new functional-beta capital asset pricing model

In this research, we will focus on investigating the relationship between risk and return. We will propose a new model which leads to a more sensible approach to modelling the relationship between risk and return under different market conditions. It is an extension of the traditional single-index c...

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Bibliographic Details
Main Author: Zhuang, Yuchen
Format: Thesis
Language:English
Published: Curtin University 2009
Subjects:
Online Access:http://hdl.handle.net/20.500.11937/78