Name: Equity Premium Puzzle
Price: 604.95 DKK
Availability: InStock
Author: Rajnish Mehra
ISBN: 9781601980649

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Paperback
8-11 hverdage
604,95 kr.

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Reviews the literature on this phenomenon from the original papers by Mehra and Prescott to the present. The author shows that the equity premium - the return earned by a broad market index in excess of that earned by a relatively risk-free security - is not a premium for bearing non-diversifiable risk.

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Sprog:
Engelsk

ISBN:
9781601980649

Forlag:
now publishers Inc

Indbinding:
Paperback

Sideantal:
96

Udgivet:
27. september 2007

Størrelse:
234x156x5 mm.

Vægt:
148 g.

Leveringstid: 8-11 hverdage.
Forventet levering: 28. november 2024

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Reviews the literature on this phenomenon from the original papers by Mehra and Prescott to the present. The author shows that the equity premium - the return earned by a broad market index in excess of that earned by a relatively risk-free security - is not a premium for bearing non-diversifiable risk.

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Business og læring > Økonomi og finans

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