An Empirical Research of the Consumption-based Capital Asset Pricing Model: Evidence from China’s Stock Market

Journal: Modern Economics & Management Forum DOI: 10.32629/memf.v2i4.418

Wenlai Yang

Rosedale Academy

Abstract

Recently, the Capital Asset Pricing Model has been widely used in the stock market. The traditional Capital Asset Pricing Model has been revised and expanded to the Consumption-based Capital Asset Model. This article does the research in the following ways. Firstly, this article summarizes the Capital Asset Pricing Model and empirical method. Secondly, it analyzes and processes the data worked out of the Capital Asset Pricing Model. Finally, it analyzes the empirical results.

Keywords

consumption, capital asset pricing model, empirical

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References

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