Get access
Advertisement

Session Topic: Capital Asset Pricing Models in an International Context

THE INTERNATIONAL PRICING OF RISK: AN EMPIRICAL INVESTIGATION OF THE WORLD CAPITAL MARKET STRUCTURE

Authors

  • Michael Adler,

    Session ChairmanSearch for more papers by this author
    • Columbia University.
  • B. H. Solnik

    Search for more papers by this author
    • Assistant Professor of Finance, Stanford University and Visiting Professor of Finance, Centre d'Enseignement Superieur des Affaires, (France). The research for this paper was supported by a grant from the Dean Witter Foundation. I am grateful to Robert Litzenberger, Gerald Pogue, and William Sharpe for their helpful comments on an earlier draft.

Get access to the full text of this article

Ancillary