Acharya, V., Pedersen, L. (2005), Asset Pricing with Liquidity Risk", Journal of financial Economics, 77, 375–410.
Asprem, M. (1989), Stock prices, asset portfolios and macroeconomic variables in 10 European countries. Journal of Banking and Finance, 13, 589 -612.
Bansal, R., Yaron, A. (2004), Risks for the long run: A potential resolution of asset pricing puzzles. Journal of Finance, 59(4), 1481-1509.
Breeden, D. T. (1979), An intertemporal 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.
Campbell, J.Y., Cochrane, J.H. (1999), By force of habit: A consumption-based explanation of aggregate stock market behavior, Journal of Political Economy, 107(2), 205-251.
Chen, M. H. Risk and Return: CAPM and CCAPM”, Journal of Economic and Finance, 43:369-393. (2003)
Darrat, F, A., Li, B., Park, C, J. (2011), Consumption-Based CAPM Models: International Evidence, Journal of Banking & Finance, 35: 2148-2157.
Epstein, L. G, Zin, S.E, (1989), Substitution, Risk aversion and the temporal behavior of consumption and asset returns: A Theorical Framework, Econometrica, Volume 57,Issue 4, 937-969.
Erfani, A.R., Safari, S, (2016), Modeling premium puzzle by Fuzzy Logic, Economic Modeling Quarter, 10(3), 71-96 (in Persian)
Fama , E.F , French,K.R, (1995), Size and Book-to-Market Factors in Earnings and Returns, Jornal of Finance,.vo150 , p.131 , pp153-154.
Galagedra, D. (2006), A Review of Capital Asset Pricing Models, Journal of Banking, 43: 1-15.
Gregoriou, A., Ioannidis Ch, (2006), Generalized method of moments and value tests of the consumptioncapital asset pricing model under transactions. Empirical Economics, 32, 19-39.
Guo, J, Dong, X. (2017), Equilibrium asset pricing with Epstein-Zin and loss-averse investors, Journal of Economic Dynamics and Control .Volume 76,Pages 86–108
Hamori, Sh, (1992), Test of CCAPM for Japan: 1980–1988, Economics Letters, Vol. 38, pp. 67-72.
Hansen, L., Singleton, K. J, (1982), Generalized instrumental variables estimation of nonlinear rational expectations models. Journal of Econometrica, 50, 1269-1286.
Hyde, S; Sherif, M, (2015), Consumption asset pricing models: evidence from UK, The Manchester school, 73,343-363
Iyiola, O ., Munirat, Y., and Nwufo Ch, (2012), Journal of Accounting and Taxation, Vol. 4(2), pp. 19-28
Keshavarz Haddad, Gh., Isfahani, MR, (2013), premium puzzle in Tehran Stock Exchange in the framework of Random Testing, Quarterly Journal of Economic Research, 56, 1-40 (in Persian)
Kim, S.H., Kim, D., Shin, H, S. (2012), Evaluating Asset Pricing Models in the Korean Stock Market”, Pacific-Basin Finance Journal, 20; 198-227.
Kwan, Y.K., Leung, C.K.Y., Dong, J. (2015), Comparing consumption based asset pricing models: The case of an Asian city. Journal of Housing Economics, 28, 18-41.
Lucas, R, E. (1978), Asset prices in an exchange economy. Econometrica, 46, 1429-1445.
Mankiw, N. G., Shapiro, M. D. (1986), Risk And Return: Consumption Beta versus Market Beta”, Review of Economics and Statistics, 68: 452-459.
Márquez, E, Nieto, B, Rubio, G, (2014), Stock returns with consumption and illiquidity risks, International Review of Economics and Finance, 29, 57–74.
Mehra, R., Prescott, E. C. (1985), The equity premium: A puzzle. Journal of Monetary Economics, 15,145-161.
Mehra, R, (2006), The Equity Premium Puzzle: A Review, Foundations and Trends in Finance, Vol. 2, No. 1 ,1–81
Mehra, R, Prescott, E. C. (2008), The Equity Premium A puzzle in retrospect, Forthcoming in the Handbook of the Economics of Finance, Edited by G.M. Constantinides, M. Harris and R. Stulz, North Holland.
Mohammadzadeh, A., Shahiki Tash, M., Roshan, R (2016), Investigating the premium puzzle in economy of IRAN Using GMM Estimation in the SCCAPM Model, Journal of Financial Valuation, Vol. 9, No. 32, 15-32 (in Persian)
Smith, D. C. (1999), Finite sample properties of tests of the Epstein–Zin asset pricing model, Journal of Econometrics, Volume 93, Issue 1, Pages 113–148,
Sharpe, W. F, (1964), Capital asset prices: A theory of market equilibrium under conditions of risk. The journal of finance, 19. 425-442.
Suzuki, M. (2016), A representative agent asset pricing model with heterogeneous beliefs and recursive utility. International Review of Economics & Finance, Volume 45.Pages 298–315,
Wang, C., Wang, N, Yang J, (2016), Optimal consumption and savings with stochastic income and recursive utility, Journal of Economic Theory, Volume 165.Pages 292–331.
Xiao, Y., Faff , R., Gharghori ,M, (2013), Pricing innovations in consumption growth: A re-evaluation of the recursive utility model. Journal of Banking & Finance, 37. 4465–4475