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An Economic Perspective on the EPA's Clean Power Plan (November 2014) Expecting the Unexpected: Emissions Uncertainty and Environmental Market Design (January 2014, Revised August 2016, June 2018, March 2019) Capacity Payments in a Cost-Based Wholesale Electricity Market: The Case of Chile (July 2013)Sample Paper 1 - hkeaa.edu.hk
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A five-factor model directed at capturing the size, value, profitability, and investment patterns in average stock returns performs better than the three-factor model of Fama and French (FF 1993). The five-factor model’s main problem is its failure to capture the low average returns on small stocks whose returns behave like those of firms that invest a lot despite low profitability. The ...
2014 Economics Sample Paper Caps
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