minimum required rates of return from investment in risky assets. The variable in the CAPM is called ?beta?, a statistical … Model (CAPM) is the most familiar to today?s generation of students of finance. The popularity of the CAPM arises from its … success in expressing a powerful theoretical insight in a simple, usable form. The primary use of the CAPM is to determine …

The link between investment and finance usually enters the empirical literature in the form of financial constraints … credit market. In this context, the sensitivity of investment with respect to single internal or external finance indicators … resulting empirical investment function includes the probability of survival as an additional explanatory variable. This …

holds for the microeconomic response of some of the most important economic variables, such as investment, labor demand, and … actual response to shocks is less than half as fast as the estimated response. For investment, labor demand and prices, the …, even after aggregating investment across all establishments in U.S. manufacturing, the estimate of its speed of adjustment …

higher uncertainty in the evolution of domestic interest rates.Diese Arbeit beschreibt den Konvergenzprozeß internationaler …

options theory asserts that the interaction of irreversibility, uncertainty and flexibility may also result in investment …Investment behavior at the firm level is characterized by lumpy adjustments and frequent periods of inactivity. Low … investment rates are particularly puzzling in transition economies where an urgent need of modernization exists. The literature …

The purpose of this work is to empirically assess the validity of the Capital Asset Pricing Model (CAPM) in terms of … how can it model an equity’s return. The goal of this work is not to challenge the theory behind CAPM, nor compare it to … than testing a specific hypothesis, my goal is to let the data speak for itself.The main difficulty with assessing CAPM is …