Test of CAPM in China Stock Market

In this dissertation some representative historical empirical tests of CAPM are reviewed. Then we examine the validity of the CAPM from the year 2001 to 2005 for Shanghai Stock Exchange, which is one of the two stock markets in mainland China. Using the methodology of Fama and MacBeth (1973), I find...

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Bibliographic Details
Main Author: Chen, Xin
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2006
Subjects:
Online Access:https://eprints.nottingham.ac.uk/20258/