Adjusting Consumption Based Capital Asset Pricing Model within the Framework of an Open Economy: The Case of Iran

The purpose of this study is to investigate the relationship of some macroeconomic variables and asset returns in the framework of a theoretical and empirical Consumption based Capital Assets Pricing Model (CCAPM); for this purpose, this relationship is investigated through the development of a CCA...

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Bibliographic Details
Main Authors: Jaber Bahrami, Mosayeb Pahlavani, Reza Roshan, Saeed Rasekhi
Format: Article
Language:English
Published: EconJournals 2017-06-01
Series:International Journal of Economics and Financial Issues
Online Access:https://www.econjournals.com/index.php/ijefi/article/view/4723