Do Supply Curves for Stocks Slope Up?

African Journal of Business Management, Vol.3 (9), pp. 405-409, September 2009

Posted: 20 Sep 2012

See all articles by Elisabeth A. Bui

Elisabeth A. Bui

Graduate School of International Studies

Steven J. Jordan

Econometric Solutions

Date Written: 2009

Abstract

The classical assumptions and standard models in finance assume a unit of fixed supply for an asset implying a flat supply curve. This paper empirically examines this claim and demonstrates that the supply curve for stocks slopes upward over the period from 1961 to 2008.

Keywords: Supply curve slope, CAPM, Lucas exchange tree, Demand, Consumption, Production

JEL Classification: G, M2

Suggested Citation

Bui, Elisabeth A. and Jordan, Steven J., Do Supply Curves for Stocks Slope Up? (2009). African Journal of Business Management, Vol.3 (9), pp. 405-409, September 2009 , Available at SSRN: https://ssrn.com/abstract=1846264

Elisabeth A. Bui

Graduate School of International Studies ( email )

1 Anam-dong 5 ka
Seoul, 136-701
Korea, Republic of (South Korea)

Steven J. Jordan (Contact Author)

Econometric Solutions ( email )

3520 Fossil Park Dr.
Fort Worth, TX NA 76137
United States

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