Author: | Kenneth J. Arrow, G. Constantinides, H.M Markowitz, R.C. Merton, S.C. Myers, P.A. Samuelson, W.F. Sharpe | ISBN: | 9780080555850 |
Publisher: | Elsevier Science | Publication: | August 11, 2011 |
Imprint: | Elsevier Science | Language: | English |
Author: | Kenneth J. Arrow, G. Constantinides, H.M Markowitz, R.C. Merton, S.C. Myers, P.A. Samuelson, W.F. Sharpe |
ISBN: | 9780080555850 |
Publisher: | Elsevier Science |
Publication: | August 11, 2011 |
Imprint: | Elsevier Science |
Language: | English |
Edited by Rajnish Mehra, this volume focuses on the equity risk premium puzzle, a term coined by Mehra and Prescott in 1985 which encompasses a number of empirical regularities in the prices of capital assets that are at odds with the predictions of standard economic theory.
Edited by Rajnish Mehra, this volume focuses on the equity risk premium puzzle, a term coined by Mehra and Prescott in 1985 which encompasses a number of empirical regularities in the prices of capital assets that are at odds with the predictions of standard economic theory.