Roll Critique

Definition: The Roll critique is that the CAPM may appear to be rejected in tests not because it is wrong but because the proxies for the market return are not close enough to the true market portfolio available to investors.

(Econterms)

Terms related to Roll Critique:
None

About.Com Resources on Roll Critique:
None

Writing a Term Paper? Here are a few starting points for research on Roll Critique:

Books on Roll Critique:
None

Journal Articles on Roll Critique:
None