Browsing: Capital asset-pricing model

Posts Tagged ‘ Capital asset-pricing model ’

Finance Theory, Listed Equities, and Liquidity

Mar 29th, 2018 | Filed under: Newly Added, CAPM / Alpha Theory, Financial Economics Theory, Finance & Economics

A recent paper from Robeco discusses whether a liquidity premium exists in the stock market. The authors, David Blitz, Jean-Paul van Brakel, and Milan Vidojevic, conclude that “the evidence for such a premium is, at best, weak.” Less politely, these authors refer to the whole notion of a liquidity premiumRead More