A bayesian approach to testing the arbitrage pricing theory

Estimating the Dimension of a Model

1978 • 43,634 citations

The arbitrage theory of capital asset pricing

1976 • 7,056 citations

A Test of the Efficiency of a Given Portfolio

1989 • 2,325 citations

An Introduction to Bayesian Inference in Econometrics.

1974 • 2,058 citations

Accurate Approximations for Posterior Moments and Marginal Densities

1986 • 1,957 citations

An Introduction to Bayesian Inference in Econometrics.

1972 • 1,749 citations

Some evidence on the uniqueness of bank loans

1987 • 1,688 citations

The New Palgrave: A Dictionary of Economics.

1988 • 1,503 citations

An Empirical Investigation of the Arbitrage Pricing Theory

1980 • 1,152 citations

THE DEMAND FOR RISKY ASSETS

1977 • 977 citations

Arbitrage, Factor Structure, and Mean-Variance Analysis on Large Asset Markets

1983 • 950 citations

Testing a Point Null Hypothesis: The Irreconcilability ofPValues and Evidence

1987 • 802 citations

Performance measurement with the arbitrage pricing theory

1986 • 739 citations

Testing a Point Null Hypothesis: The Irreconcilability of P Values and Evidence

1987 • 502 citations

The Weighted Likelihood Ratio, Linear Hypotheses on Normal Location Parameters

1971 • 422 citations

Accurate Approximations for Posterior Moments and Marginal Densities

1986 • 416 citations

The empirical foundations of the arbitrage pricing theory

1988 • 388 citations

Some Empirical Tests of the Theory of Arbitrage Pricing

1983 • 369 citations

Risk and Return in an Equilibrium APT

1987 • 343 citations

Bayes Factors and Choice Criteria for Linear Models

1980 • 334 citations

A unified beta pricing theory

1984 • 333 citations

Risk and return in finance

1977 • 275 citations

The Arbitrage Pricing Theory: Is it Testable?

1982 • 256 citations

Multivariate proxies and asset pricing relations

1987 • 233 citations

Antithetic acceleration of Monte Carlo integration in Bayesian inference

1988 • 214 citations

Mimicking Portfolios and Exact Arbitrage Pricing

1987 • 204 citations

Basic Issues in Econometrics

1985 • 174 citations

On correlations and inferences about mean-variance efficiency

1987 • 165 citations

The Relation Between Mean-Variance Efficiency and Arbitrage Pricing

1987 • 161 citations

On multivariate tests of the CAPM

1987 • 157 citations

Yes, The APT Is Testable

1985 • 120 citations

A Bayesian approach to testing portfolio efficiency

1987 • 119 citations

Multi‐Beta CAPM or Equilibrium‐APT?: A Reply

1985 • 102 citations

Some Empirical Tests of the Theory of Arbitrage Pricing

1983 • 95 citations

A Critical Reexamination of the Empirical Evidence on the Arbitrage Pricing Theory: A Reply

1984 • 81 citations

Mimicking Portfolios and Exact Arbitrage Pricing

1987 • 67 citations

Posterior odds ratios for regression hypotheses

1981 • 58 citations

Daily exchange rate behaviour and hedging of currency risk

2000 • 54 citations

The Arbitrage Pricing Theory: Is it Testable?

1982 • 49 citations

Multi-Beta CAPM or Equilibrium-APT?: A Reply

1985 • 36 citations

A Critical Reexamination of the Empirical Evidence on the Arbitrage Pricing Theory: A Reply

1984 • 20 citations

Yes, The APT is Testable

1985 • 16 citations