%A Gregoire C., Jorge
%A Zurita, Salvador
%D 1994
%T Equilibrium in asset markets
%K
%X This paper critically reviews the different models of equilibrium in asset markets. The survey includes the Sharpe-Lintner-Black model, and Roll´s critique, Merton´s intertemporal multibeta version in continuos time, the aggregate consumption model developed by Breeden, Ross´arbitrage pricing theory, and Grinblatt and Titman´s equilibrium arbitrage pricing theory in finite economies. Although the emphasis is on the theoretical work, the main empirical results are also outlined.
%U https://revistas.uchile.cl/index.php/EDA/article/view/56685
%J Estudios de Administración
%0 Journal Article
%R 10.5354/0719-0816.1994.56685
%P 15-44%V 1
%N 1
%@ 0719-0816
%8 1994-06-06