Asprem, M. (1989). Stock prices, asset portfolios and macroeconomic variables in 10 European countries. Journal of Banking and Finance, 13: 89- 612.
Auer, B.R. (2013). Can habit formation under complete market integration explain the cross-section of international equity risk premia?. Review of Financial Economics, 22: 61-67.
Bach, C., & Moller, S. (2011). Habit-based asset pricing with limited participation consumption. Journal of Banking & Finance. 35: 2891–2901
Breeden, D. T. (1979). An inter temporal asset pricing model with stochastic consumption and investment opportunities. Journal of Financial Economics, 7: 265-296.
Campbell, J. Y. (1993). Inter temporal asset pricing without consumption data. American Economic Review, 83: 487-512.
Campbell, J. Y. (1996). Consumption and the stock market: Interpreting international experience. Swedish Economic Policy Review, 3:251-299.
Chen, M. H. (2003). Risk and return: CAPM and CCAPM. The Quarterly Review of Economics and Finance, 43(2): 369-393
Cochrane, J.H. (2005). Asset pricing. Princeton, NJ: Princeton university press.
Dreyer, J. K., Schneider, J., & Smith, W. T. (2013). Saving-based asset-pricing. Journal of Banking & Finance, 37(9): 3704-3715
Epstein, L. G., & Zin, S. E. (1991). Substitution, risk aversion, and the temporal behavior of consumption and asset returns: An empirical analysis. Journal of Political Economy, 99: 263-286.
Fung, K. W. T., Lau, C. K. M., & Chan, K. H. (2014). The conditional equity premium, cross-sectional returns and stochastic volatility. Economic Modelling, 38: 316-327.
Gregoriou, A.& Ioannidis, C. (2006). Generalized method of moments and value tests of the consumption-capital asset pricing model under transactions. Empirical Economics. 32: 19-39.
Hansen, L. P.& Jagannathan, R. (1991).Restrictions on Inter temporal Marginal Rates of Substitution Implied by Asset Returns. Journal of Political Economy. 99: 225-262.
Huang, L., Wu, J., & Zhang, R. (2014). Exchange risk and asset returns: A theoretical and empirical study of an open economy asset pricing model. Emerging Markets Review, 21: 96-116.
Ito, M. & Noda, A. (2011). CCAPM with Time-Varing Parameters: some Evidence from japan. Keio Economics Society Disccussion Paper Series. KESDP 11-4.
Kang, J., Kim, T. S., Lee, C., & Min, B. K. (2011). Macroeconomic risk and the cross-section of stock returns. Journal of Banking & Finance, 35(12): 3158-3173.
Karagyozova, T. (2007). Asset Pricing with Heterogeneous Agents Incomplete Markets and Trading Constraints. Department of Economics Working Paper Series, working paper 2007-46.
Kim, J. (2012). Evaluating time-series restrictions for cross-sections of expected returns: Multifactor CCAPMs. Pacific-Basin Finance Journal. 20: 688–706.
Kim, K. H. (2014). Counter-cyclical Risk Aversion. Journal of Empirical Finance. 29: 384-401
Lettau, M., & Ludvigson, S. (2001). Consumption, aggregate wealth, and expected stock returns. Journal of Finance, 56: 815-849.
Mankiw, N. G, & Shapiro, M.D. (1986). Risk and return: Consumption beta versus market beta. Review of Economics and Statistics, 68(3): 452-459.
Mankiw, N. G. & Zeldes, S. P. (1991).The consumption of stockholders and non stock holders. Journal of Financial Economics. 29: 97-112.
Mehra, R. & Edward P. (1985). The equity premium: A puzzle. Journal of Monetary Economics. 15: 145-161.
Márquez, E., Nieto, B., & Rubio, G. (2014). Stock returns with consumption and illiquidity risks. International Review of Economics & Finance, 29: 57-74.
Nieto, B., & Rubio, G. (2011). The volatility of consumption-based stochastic discount factors and economic cycles. Journal of Banking & Finance, 35(9): 2197-2216.
Xiao, Y., Faff, R., Gharghori, P., & Min, B. K. (2013). Pricing innovations in consumption growth: A re-evaluation of the recursive utility model. Journal of Banking & Finance, 37(11): 4465-4475.