Chapter 2. Theoretical Framework 1. A Margin Based Asset Pricing Model 2. Testable Implication on the CIP Deviation
Chapter 3. Econometric Methodology 1. Discrete Approximation to the Continuous-time Asset Pricing Equation 2. Nonlinear State Space Model in a Logistic Form
Chapter 4. Empirical Analysis 1. Data 2. CIP Deviation and Relative Margin 3. Does Market Illiquidity Affect Margin?