Complex Systems in Finance and Econometrics

2011 Edition
| Editors: Robert A. Meyers (Editor-in-Chief)

Financial Economics, The Cross-Section of Stock Returns and the Fama-French Three Factor Model

  • Ralitsa Petkova
Reference work entry

Article Outline


Definition of the Subject


The Fama–French Model as a Linear Beta Pricing Model

Explaining the Performance of the Fama–French Model: A Risk-Based Interpretation

Other Risk-Based Interpretations

Future Directions



Excess Return Dividend Yield Market Portfolio Term Spread Growth Stock 
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Copyright information

© Springer-Verlag 2009

Authors and Affiliations

  • Ralitsa Petkova
    • 1
  1. 1.Mays Business SchoolTexas A&M UniversityCollege StationUSA