search query: @author Tandon, K. / total: 4
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| Author: | McGowan, C. B. Tandon, K. |
| Title: | A test of the cross-sectional robustness of the arbitrage pricing model using foreign exchange rates. |
| Journal: | Decision Sciences
1989 : WINTER, VOL. 20:1, p. 142-148 |
| Index terms: | BANKING FINANCE CAPITAL ASSET PRICING PORTFOLIO MANAGEMENT |
| Language: | eng |
| Abstract: | The authors test the cross-sectional robustness of the arbitrage pricing theory (APT) model using foreign exchange rate data to determine if the model is robust w.r.t. the various random samples and different factor analytic techniques. They develop factor scores using various samples and factor analytic techniques to explain the returns for other samples and groupings. It was found that the APT model is robust across samples and techniques. |
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