A note on CAPM betas under the carbon tax regime

Watanabe, Taiji (2012) A note on CAPM betas under the carbon tax regime. Atlantic Economic Journal, 40 (2). pp. 213-214. ISSN 0197-4254

Abstract

This paper studies the impact of factors that are external to firms and demonstrates that CAPM betas will be unaffected by such an external factor if the factor affects the equity return uniformly across the markets as a whole.


Statistics for USQ ePrint 20771
Statistics for this ePrint Item
Item Type: Article (Commonwealth Reporting Category C)
Refereed: Yes
Item Status: Live Archive
Additional Information: Permanent restricted access to published version due to publisher copyright restrictions (Springer).
Depositing User: Dr Taiji Watanabe
Faculty / Department / School: Historic - Faculty of Business and Law - School of Accounting, Economics and Finance
Date Deposited: 18 Jun 2012 03:09
Last Modified: 18 Jul 2014 05:14
Uncontrolled Keywords: CAPM; carbon tax; economic modelling
Fields of Research (FOR2008): 15 Commerce, Management, Tourism and Services > 1502 Banking, Finance and Investment > 150201 Finance
15 Commerce, Management, Tourism and Services > 1502 Banking, Finance and Investment > 150205 Investment and Risk Management
14 Economics > 1402 Applied Economics > 140215 Public Economics-Taxation and Revenue
Socio-Economic Objective (SEO2008): B Economic Development > 91 Economic Framework > 9101 Macroeconomics > 910109 Savings and Investments
B Economic Development > 91 Economic Framework > 9102 Microeconomics > 910205 Industry Policy
Identification Number or DOI: doi: 10.1007/s11293-012-9304-8
URI: http://eprints.usq.edu.au/id/eprint/20771

Actions (login required)

View Item Archive Repository Staff Only