Engel, Charles , Frankel, Jeffrey A. , Froot, Kenneth A. and Rodrigues, Anthony P. "Conditional Mean-variance Efficiency of the U.S. Stock Market, Research Paper no. 8901," Research Papers (Federal Reserve Bank of New York) (February 1, 1989). https://fraser.stlouisfed.org/title/6570/item/708008, accessed on January 15, 2026.