Forward and spot exchange rates

THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors…

1975 • 7,346 citations

Capital Asset Prices: A Theory of Market Equilibrium under Conditions of Risk

1964 • 7,201 citations

The Valuation of Risk Assets and the Selection of Risky Investments in Stock Portfolios and Capital Budgets

1965 • 7,112 citations

Asset Prices in an Exchange Economy

1978 • 5,134 citations

An intertemporal asset pricing model with stochastic consumption and investment opportunities

1979 • 2,786 citations

Forward Exchange Rates as Optimal Predictors of Future Spot Rates: An Econometric Analysis

1980 • 2,192 citations

Money and Economic Growth

1965 • 1,656 citations

An Efficient Method of Estimating Seemingly Unrelated Regressions and Tests for Aggregation Bias

1962 • 1,514 citations

Interest rates and currency prices in a two-country world

1982 • 1,337 citations

A model of international asset pricing

1981 • 846 citations

Inflation and Real Interest

1963 • 706 citations

The information in the term structure

1984 • 689 citations

Conditional variance and the risk premium in the foreign exchange market

1985 • 512 citations

Inflation, real returns and capital investment

1982 • 491 citations

The "Speculative Efficiency" Hypothesis

1981 • 440 citations

A Theory of Exchange Rate Determination

1980 • 410 citations

An investigation of risk and return in forward foreign exchange

1984 • 332 citations

In search of the exchange risk premium: A six-currency test assuming mean-variance optimization

1982 • 313 citations

Risk Averse Speculation in the Forward Foreign Exchange Market: An Econometric Analysis of Linear Models

1983 • 294 citations

Tests of rational expectations and no risk premium in forward exchange markets

1984 • 158 citations

International economic policy: Theory and evidence

1980 • 134 citations

Money, Bonds, and Foreign Exchange

2016 • 133 citations

Inflation, Output, and Money

1982 • 119 citations

Money, bonds and foreign exchange

1979 • 99 citations

Deleted Work

1955 • 0 citations

Cited By (0)

Loading...