Loading ...
so prices of stocks are mispriced , as a classleadingto the famous ‘ equity premium puzzle
in the late 1970s(passive) was discoveredThe equity premium
at 5 %(passive) has been setThe equity premium
investors ' need to see that their choice of investment is outperforming over their chosen evaluation period(passive) is caused bythe equity premium
Blackwell Publishing Ltd.leadsto an explanation of the equity premium puzzle
across investors impact the pricing of risky assetsmay contributeto explaining the equity premium puzzle
Mehra and Prescott ( 1985(passive) discovered bythe equity premium puzzle
some particular types of probability distortion ( for example , pessimistic distortionmay causethe observed equity premium puzzle
Shiller is high because he made everybody change their mind about constant returns , he invented a tool ( CS decomposition ) that is still enormously useddiscoveredthe equity premium puzzle
a dilemma as to the return on investments offered by stocks as compared with Treasury billscreatesa dilemma as to the return on investments offered by stocks as compared with Treasury bills
from the social security debt - equity swapresultingfrom the social security debt - equity swap
risk - spreading through market transactionspreventrisk - spreading through market transactions
the carry trade ( borrowing a low rate currency to deposit in a high rate one ) to become so popularcausedthe carry trade ( borrowing a low rate currency to deposit in a high rate one ) to become so popular
researchers to consider models with high risk aversionhas ledresearchers to consider models with high risk aversion
still relevantoriginatedstill relevant
equity investment(passive) created byequity investment
from the omission of the risk premium term in the UIP regressionoriginatedfrom the omission of the risk premium term in the UIP regression
after the second forumcomposedafter the second forum
to a lot of fruitful researchledto a lot of fruitful research