Non-parametric and semi-parametric asset pricing : an application to the colombian stock exchange

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dc.contributor.authorJosé Eduardo Gómez-González
dc.contributor.authorElioth Mirsha Sanabria-Buenaventura
dc.coverage.spatialBolivia
dc.date.accessioned2026-03-22T21:11:06Z
dc.date.available2026-03-22T21:11:06Z
dc.date.issued2012
dc.description.abstractWe estimate a non-parametrical Capital Asset Pricing Model (CAPM) and find strong evidence rejecting the classical linear CAPM. Furthermore, we find inconsistent linear betas for a series of stocks in the Colombian stock exchange (BVC), supporting the hypothesis of a better and consistent fitting of non-parametrical versions of the CAPM.
dc.identifier.doi10.32468/be.697
dc.identifier.urihttps://doi.org/10.32468/be.697
dc.identifier.urihttps://andeanlibrary.org/handle/123456789/86432
dc.language.isoen
dc.sourceBanco de la República Colombia
dc.subjectParametric statistics
dc.subjectStock exchange
dc.subjectBusiness
dc.subjectSemiparametric model
dc.subjectStock (firearms)
dc.subjectEconometrics
dc.subjectFinancial economics
dc.subjectCapital asset pricing model
dc.subjectParametric model
dc.subjectEconomics
dc.titleNon-parametric and semi-parametric asset pricing : an application to the colombian stock exchange
dc.typereport

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