Centre for Asset Pricing Research (CAPR)

The Centre for Asset Pricing Research (CAPR) serves as a bridge between academia and the financial industry.

What we do

Established at the end of 2011, CAPR is a nexus of people and projects devoted to furthering the understanding of investor behavior and of how asset price dynamics are determined.

The Centre supports faculty research groups, industry seminars, workshops and conferences - including the annual BI-SHoF conference, which is a collaboration between the Centre and The Swedish House of Finance.

The Centre's mandate encompasses broad themes in empirical and theoretical asset pricing, investor behavior and portfolio choice. The Centre has built up an internationally visible research group, whose aim is to continue providing high quality research.

Wednesday, 29 January, 2025 - BI
Extrapolative Learning and Stock Market Entry and Exit

When we look at the amount of people enter or exit the stock market each year, one striking observation is how much it varies over time, and how it responds to the returns.
Thursday, 22 August, 2024 - BI
The Fairytale of Cryptocurrencies

Bitcoin and other cryptocurrencies are generating significant buzz. Proponents of cryptocurrencies use terminology that might lead us to believe they represent the future of money.
Tuesday, 13 February, 2024 - BI
Bache’s Gift from the ��ר�� Public

Expanding NBIMs empire to include private equity sounds like fun for an active fund manager. Having fun at your own cost is all well and good, however, having it at somebody else’s cost is not fair.