Nai‐Fu Chen
1 paper in the Anchorcite directory, published in 1986, cited 5,407 times in total.
ORCID profileResearch topics
- Financial Markets and Investment Strategies · 1 paper
- Monetary Policy and Economic Impact · 1 paper
- Market Dynamics and Volatility · 1 paper
Frequent co-authors
- Richard W. Roll · 1 paper
- Stephen A. Ross · 1 paper
Papers
- Economic Forces and the Stock MarketThe Journal of Business · 1986 · 5,407 citations
This paper tests whether innovations in macroeconomic variables are risks that are rewarded in the stock market. Financial theory suggests that the following macroeconomic variables should systematically affect stock market returns: the spread between long and short interest rates, expected…
Metadata from OpenAlex (CC0).