articleTop 1% cited
On estimating the expected return on the market
Journal of Financial Economics · 1980 · Vol. 8(4) · pp. 323–361
Robert C. Merton✉(Massachusetts Institute of Technology)
Financial Markets and Investment StrategiesMonetary Policy and Economic ImpactStochastic processes and financial applicationsEconomicsExpected returnEconometricsRate of returnEstimatorHeteroscedasticityRisk–return spectrumHolding period returnFinancial economicsInvestment performance
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References
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The Journal of Finance · 1964 · 17,333 citations
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An Intertemporal Capital Asset Pricing Model
Econometrica · 1973 · 6,715 citations
A Theory of the Term Structure of Interest Rates
Econometrica · 1985 · 8,513 citations
Capital Asset Prices: A Theory of Market Equilibrium under Conditions of Risk
The Journal of Finance · 1964 · 7,506 citations
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