Gao, Paul P.J.; Huang, Kevin X.D. - In: Annals of Economics and Finance 9 (2008) 1, pp. 1-37
consumption-based capital asset pricing model (CCAPM) and a human-capital-augmented capital asset pricing model (HC-CAPM) in …; yet, in terms of relative performance, our results tend to favor the conditional HC-CAPM over the conditional CCAPM for …
