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Estimating the arbitrage pricing theory with observed macro factors

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  • Elder, John

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  • Elder, John, 1997. "Estimating the arbitrage pricing theory with observed macro factors," Economics Letters, Elsevier, vol. 55(2), pages 241-246, August.
    • Handle: RePEc:eee:ecolet:v:55:y:1997:i:2:p:241-246
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    References listed on IDEAS

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    1. McElroy, Marjorie B. & Burmeister, Edwin & Wall, Kent D., 1985. "Two estimators for the apt model when factors are measured," Economics Letters, Elsevier, vol. 19(3), pages 271-275.
    2. Fama, Eugene F & MacBeth, James D, 1973. "Risk, Return, and Equilibrium: Empirical Tests," Journal of Political Economy, University of Chicago Press, vol. 81(3), pages 607-636, May-June.
    3. White, Halbert, 1982. "Maximum Likelihood Estimation of Misspecified Models," Econometrica, Econometric Society, vol. 50(1), pages 1-25, January.
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