Similar Search Results

Narrow search

Bid, ask and transaction prices in a specialist market with heterogeneously informed traders

Glosten, Lawrence R.; Milgrom, Paul R. - In: Journal of Financial Economics 14 (1985) 1, pp. 71-100

Persistent link: https://www.econbiz.de/10005376559

Estimating the components of the bid/ask spread

Glosten, Lawrence R.; Harris, Lawrence E. - In: Journal of Financial Economics 21 (1988) 1, pp. 123-142

Persistent link: https://www.econbiz.de/10005210586

Call options and the risk of underlying securities

Jagannathan, Ravi - In: Journal of Financial Economics 13 (1984) 3, pp. 425-434

Persistent link: https://www.econbiz.de/10005362659

Why do stock prices drop by less than the value of the dividend? Evidence from a country without taxes

Frank, Murray; Jagannathan, Ravi - In: Journal of Financial Economics 47 (1998) 2, pp. 161-188

Persistent link: https://www.econbiz.de/10005362699

CAPM for estimating the cost of equity capital: Interpreting the empirical evidence

Da, Zhi; Guo, Re-Jin; Jagannathan, Ravi - In: Journal of Financial Economics 103 (2012) 1, pp. 204-220

We argue that the empirical evidence against the capital asset pricing model (CAPM) based on stock returns does not invalidate its use for estimating the cost of capital for projects in making capital budgeting decisions. Because stocks are backed not only by projects in place, but also by the...

Persistent link: https://www.econbiz.de/10010702354