The capital asset pricing model and the investment horizon: Comment

Gabriel Hawawini () and Ashok Vora

MPRA Paper from University Library of Munich, Germany

Abstract: In this comment to a paper by Levhari and Levy published in this journal on February 1977 we provide evidence that shows that their conclusion does not hold if one applies the model to a large sample of common stocks.

Keywords: Capital asset pricing model; investment horizon (search for similar items in EconPapers)
JEL-codes: G12 (search for similar items in EconPapers)
Date: 1981-11
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Citations: View citations in EconPapers (1)

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