MAIN RESULTS OF ANALYSES UNDERTAKEN ON THE ARBITRAGE PRICING MODEL

Andrei Stanculescu

Theoretical and Applied Economics, 2013, vol. XX, issue Special I, 390-391

Abstract: This paper offers, in a descriptive manner, a summary of some important results of research undertaken on the APT model (Arbitrage Pricing Theory), by means of theoretical approaches or by empirical testing. The factors which determine the stocks return are investigated, whether these factors exist and the way in which they influence the stocks pricing processes. Specifically, in order to fulfill the goal of applying the model, one must try to relax some of the assumptions, so the model might come closer to the reality of finance. The APT model was first stated by Ross, in 1976.

Keywords: assets; empirical tests; return; assets pricing; explanatory factors. (search for similar items in EconPapers)
Date: 2013
References: Add references at CitEc
Citations:

Downloads: (external link)
http://store.ectap.ro/suplimente/International_Fin ... _BA_2013_XIth_Ed.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:agr:journl:v:xx:y:2013:i:special-i:p:390-391

Access Statistics for this article

Theoretical and Applied Economics is currently edited by Mircea Dinu

More articles in Theoretical and Applied Economics from Asociatia Generala a Economistilor din Romania / Editura Economica Contact information at EDIRC.
Bibliographic data for series maintained by Mircea Dinu ().