Keywords
Coronavirus disease 2019 (COVID-19)ArbitrageEquity (law)EconomicsFinancial economicsCapital asset pricing modelPandemicStock (firearms)Monetary economicsStock market2019-20 coronavirus outbreakSevere acute respiratory syndrome coronavirus 2 (SARS-CoV-2)EconometricsInternal medicineInfectious disease (medical specialty)MedicineGeographyVirology
Affiliated Institutions
Related Publications
Death and contagious infectious diseases: Impact of the COVID-19 virus on stock market returns
This study investigates whether contagious infectious diseases affect stock market outcomes. As a natural experiment, we use panel data analysis to test the effect of the COVID-...
Noise Trader Risk in Financial Markets
The authors present a simple overlapping generations model of an asset market in which irrational noise traders with erroneous stochastic beliefs both affect prices and earn hig...
Feverish Stock Price Reactions to COVID-19*
Abstract Market reactions to the 2019 novel coronavirus disease (COVID-19) provide new insights into how real shocks and financial policies drive firm value. Initially, internat...
The Unprecedented Stock Market Reaction to COVID-19
Abstract No previous infectious disease outbreak, including the Spanish Flu, has affected the stock market as forcefully as the COVID-19 pandemic. In fact, previous pandemics le...
Publication Info
- Year
- 1976
- Type
- article
- Volume
- 13
- Issue
- 3
- Pages
- 341-360
- Citations
- 7012
- Access
- Closed
External Links
Social Impact
Altmetric
PlumX Metrics
Social media, news, blog, policy document mentions
Citation Metrics
7012
OpenAlex
Cite This
Stephen A. Ross
(1976).
The arbitrage theory of capital asset pricing.
Journal of Economic Theory
, 13
(3)
, 341-360.
https://doi.org/10.1016/0022-0531(76)90046-6
Identifiers
- DOI
- 10.1016/0022-0531(76)90046-6