Margaret Bray

Affiliated Faculty in other LSE Departments

Emeritus Reader in Economics, Department of Economics, LSE

Education
DPhil in Economics, Oxford University

Research Centres
STICERD Theory Group Associate

Economics | STICERD | Personal website

Publications

More publications

Discussion Papers

The Arbitrage Pricing Theory is not Robust 1: Variance Matrices and Portfolio Theory in Pictures

The assumption of the Arbitrage Pricing Theory can be formulated in terms of the variance matrix V of the returns on a finite or infinite set of asset...

January 1994

DP 178

Margaret Bray

Margaret Bray

Publications

Discussion Papers

The Arbitrage Pricing Theory is not Robust 1: Variance Matrices and Portfolio Theory in Pictures

News

Daniel Paravisini wins Brattle Group First Prize

Professor Dirk Jenter's research into CEO compensation

Charles Goodhart interview for South Korean knowledge-sharin ...

Events

LSE-Oxford Workshop in International Macroeconomics and Fina ...

The Bankers’ New Clothes: What’s Wrong with Banking and What ...

A lecture by Andrew Bailey

Seminars

Is this Time Different? Financial Follies across Centuries

CBDC as collateral

The Value of Ratings: Evidence from their Introduction in Se ...

Publications

Scale or Yield? A Present-Value Identity

Upstreamness and downstreamness in input-output analysis fro ...

How the financial authorities can take advantage of artifici ...