Gârleanu, Nicolae; Pedersen, Lasse Heje (2011). "Margin-Based Asset Pricing and Deviations from the Law of One Price"(PDF). The Review of Financial Studies. 24 (6): 1980–2022. doi:10.1093/rfs/hhr027.. Garleanu and Pedersen derive a margin capital asset pricing model (Margin CAPM) that shows how larger margin requirements are associated with higher required returns.
Chang, R.; Velasco, A. (2001-05-01). "A Model of Financial Crises in Emerging Markets". The Quarterly Journal of Economics. 116 (2): 489–517. doi:10.1162/00335530151144087. JSTOR2696471.
Chang, R.; Velasco, A. (2001-05-01). "A Model of Financial Crises in Emerging Markets". The Quarterly Journal of Economics. 116 (2): 489–517. doi:10.1162/00335530151144087. JSTOR2696471.
Gârleanu, Nicolae; Pedersen, Lasse Heje (2011). "Margin-Based Asset Pricing and Deviations from the Law of One Price"(PDF). The Review of Financial Studies. 24 (6): 1980–2022. doi:10.1093/rfs/hhr027.. Garleanu and Pedersen derive a margin capital asset pricing model (Margin CAPM) that shows how larger margin requirements are associated with higher required returns.