International Portfolio Choice and Corporation Finance: A Synthesis

CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK*

1964 • 15,720 citations

The Cost of Capital, Corporation Finance and the Theory of Investment

1958 • 15,488 citations

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1985 • 8,604 citations

The Behavior of Stock-Market Prices

1965 • 8,575 citations

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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

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

1965 • 7,112 citations

An Intertemporal Capital Asset Pricing Model

1973 • 6,653 citations

Optimum consumption and portfolio rules in a continuous-time model

1971 • 6,065 citations

A General Equilibrium Approach To Monetary Theory

1969 • 5,176 citations

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1969 • 5,148 citations

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Equilibrium in a Capital Asset Market

1966 • 4,832 citations

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1964 • 3,240 citations

Capital Market Equilibrium with Restricted Borrowing

1972 • 3,158 citations

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1977 • 3,099 citations

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1979 • 2,786 citations

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1977 • 2,770 citations

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1973 • 2,466 citations

"Rational" Expectations, the Optimal Monetary Instrument, and the Optimal Money Supply Rule

1975 • 2,222 citations

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1980 • 2,192 citations

Interest rates and currency prices in a two-country world

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An equilibrium model of the international capital market

1974 • 1,180 citations

International Diversification of Investment Portfolios

1970 • 1,168 citations

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1968 • 1,034 citations

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Market and Industry Factors in Stock Price Behavior

1966 • 866 citations

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1981 • 846 citations

Microeconomic Analysis

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ON THE ASSESSMENT OF RISK

1971 • 736 citations

The Fundamental Approximation Theorem of Portfolio Analysis in terms of Means, Variances and Higher Moments

1970 • 735 citations

On the Effects of Barriers to International Investment

1981 • 662 citations

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1976 • 606 citations

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An aggregation theorem for securities markets

1974 • 507 citations

Flexible Exchange Rates and the Theory of Employment

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International Economics

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Flexible Exchange Rates, Prices, and the Role of "News": Lessons from the 1970s

1981 • 488 citations

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1956 • 471 citations

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1974 • 448 citations

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1975 • 435 citations

A Theory of Exchange Rate Determination

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1976 • 401 citations

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1974 • 391 citations

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1977 • 390 citations

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1981 • 370 citations

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1974 • 360 citations

The Exchange Rate And The Balance of Payments In The Short Run and in The Long Run: A Monetary Approach

1977 • 345 citations

The Exchange Rate and the Balance of Payments in the Short Run and in the Long Run: A Monetary Approach

1976 • 336 citations

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1976 • 318 citations

Capital Controls, Political Risk, and Deviations from Interest-Rate Parity

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1976 • 307 citations

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1976 • 304 citations

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1975 • 302 citations

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WORLD, NATIONAL, AND INDUSTRY FACTORS IN EQUITY RETURNS

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AN EMPIRICAL TEST OF THE ALTERNATIVE HYPOTHESES OF NATIONAL AND INTERNATIONAL PRICING OF RISKY ASSETS

1977 • 276 citations

Asset markets and relative prices in exchange rate determination

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THE RELATIONS AMONG EQUITY MARKETS: A STUDY OF SHARE PRICE CO‐MOVEMENTS IN THE UNITED STATES, UNITED KINGDOM, GERMANY AND JAPAN

1972 • 274 citations

MARKET IMPERFECTIONS, CAPITAL MARKET EQUILIBRIUM AND CORPORATION FINANCE

1977 • 257 citations

Predictability of Stock Market Prices.

1971 • 252 citations

A Theory of International Trade Under Uncertainty

1978 • 245 citations

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1977 • 240 citations

INFLATION AND SECURITY RETURNS*

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Capital Accumulation on the Transition Path in a Monetary Optimizing Model

1979 • 237 citations

A continuous time equilibrium model of forward prices and futures prices in a multigood economy

1981 • 235 citations

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1976 • 235 citations

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Price behavior in the light of balance of payments theories

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Some Properties of Symmetric Stable Distributions

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1977 • 205 citations

Synthetic materials and the theory of international trade

1966 • 205 citations

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1976 • 203 citations

Market Imperfections, Capital Market Equilibrium and Corporation Finance

1977 • 193 citations

Multinationals are Poor Tools for Diversification

1978 • 191 citations

A Note on Exchange‐Rate Expectations and Nominal Interest Differentials: A Test of the Fisher Hypothesis

1981 • 186 citations

Risk, Interest Rates and the Forward Exchange

1972 • 176 citations

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1977 • 160 citations

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1978 • 152 citations

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1976 • 103 citations

Exchange Rates and the International Adjustment Process

1978 • 103 citations

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1976 • 97 citations

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1981 • 93 citations

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1979 • 92 citations

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1980 • 87 citations

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1980 • 86 citations

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1973 • 83 citations

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1970 • 82 citations

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1978 • 69 citations

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1972 • 69 citations

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1978 • 64 citations

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1976 • 63 citations

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1978 • 62 citations

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1976 • 59 citations

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1976 • 55 citations

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1979 • 52 citations

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1977 • 48 citations

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1977 • 48 citations

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1980 • 40 citations

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1978 • 38 citations

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1979 • 35 citations

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1973 • 35 citations

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1973 • 32 citations

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1982 • 25 citations

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1979 • 24 citations

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1977 • 23 citations

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1977 • 23 citations

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1974 • 22 citations

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1980 • 22 citations

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1980 • 20 citations

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1978 • 18 citations

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1978 • 18 citations

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1977 • 14 citations

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1980 • 12 citations

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1981 • 12 citations

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1977 • 12 citations

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1972 • 11 citations

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1982 • 9 citations

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1981 • 9 citations

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1981 • 8 citations

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1980 • 8 citations

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1981 • 8 citations

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1983 • 8 citations

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1981 • 4 citations

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1981 • 3 citations

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1974 • 3 citations

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1974 • 2 citations

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1976 • 1 citations