Risk, Return, and Equilibrium: Empirical TestsAuthor(s): Eugene F. Fama and James D. MacBethSource: The Journal of Political Economy, Vol. 81, No. 3 (May - Jun., 1973), pp. 607-636Published by: The University of Chicago PressStable URL: http://www.jstor.org/stable/1831028Accessed: 16/03/2009 10:49

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Issue Table of ContentsThe Journal of Political Economy, Vol. 81, No. 3 (May - Jun., 1973), pp. 513-811Front MatterIn Memoriam: Frank Knight (1885-1972)In Memoriam: Frank Knight (1885-1972)Frank Knight, Philosopher at Large [pp.513-515]Frank Knight as Colleague [pp.516-517]Frank Knight as Teacher [pp.518-520]

Participation in Illegitimate Activities: A Theoretical and Empirical Investigation [pp.521-565]An Econometric Model of the Flight to the Suburbs [pp.566-589]Racial Discrimination, Segregation, and the Price of Housing [pp.590-606]Risk, Return, and Equilibrium: Empirical Tests [pp.607-636]The Pricing of Options and Corporate Liabilities [pp.637-654]Quasi-Engel Curves, Diffusion, and the Ownership of Major Consumer Durables [pp.655-677]Tropical Trade and Development in the Nineteenth Century: The Brazilian Experience [pp.678-696]CommunicationsLabor-Force Participation Rates and the Supply of Labor [pp.697-704]CES and VES Production Functions in a Cross-Section Context [pp.705-720]Profit Performance in the Defense Industry [pp.721-728]The Effectiveness of Using the Tax System to Curb Inflationary Collective Bargains: An Analysis of the Wallich-Weintraub Plan [pp.729-740]Elasticities and the Interest Parity Theory [pp.741-747]Risk, Return, and Portfolio Analysis: Comment [pp.748-752]Risk, Return, and Portfolio Analysis: Reply [pp.753-755]Competition and Efficiency: Comment [pp.756-764]Competition and X-Efficiency: Reply [pp.765-777]The Optimal Provision of Public Goods: Yet Another Comment [pp.778-785]Highway User Fees and Vehicle Transport Modes: An Old Rule Defended [pp.786-795]

Puzzles and Problems[Questions and Answers] [pp.796-801]

Book Reviewsuntitled [pp.802-803]untitled [pp.803-804]untitled [pp.805-806]untitled [pp.806-807]untitled [pp.807-809]

ErrataToward a General Theory of Awards, or, Do Economists Need a Hall of Fame? [p.810]Peak-Load Pricing under Regulatory Constraint [pp.810-811]The Impossibility of a Paretian Liberal: Reply [p.811]

Back Matter