Results 61 to 70 of about 293 (163)
Habit Formation: A Resolution of the Equity Premium Puzzle [PDF]
Journal of Political Economy, 1990 The equity premium puzzle, identified by Mehra and Prescott, states that, for plausible values of the risk aversion coefficient, the difference of the expected rate of return on the stock market and the riskless rate of interest is too large, given the observed small variance of the growth rate in per capita consumption.
openaire +1 more source
The Rise and Fall of Financial Flows in EU 15: New Evidence Using Dynamic Panels with Common Correlated Effects. [PDF]
Comput Econ, 2023 Camarero M, Muñoz A, Tamarit C.
europepmc +1 more source
Supply Side Implications of Ambiguity Aversion for Risk Premium and Risk-Free Rate Puzzles [PDF]
برنامهریزی و بودجهSince the 1990s, many economists have taken different approaches towards resolving the risk premium and risk free rate puzzles. Identifying causes of these two puzzles can help investors, regulators and policy makers in finding out determinants of the ...
Mohammad Feghhi Kashani, zahra ziyaee
doaj
Introduction to Special Issue: Topics Related to Real Estate Market Efficiency. [PDF]
J Real Estate Financ Econ (Dordr), 2023 Broxterman D +4 more
europepmc +1 more source
Introduction to PNAS special issue on evolutionary models of financial markets. [PDF]
Proc Natl Acad Sci U S A, 2021 Levin SA, Lo AW.
europepmc +1 more source
Information Frictions in Real Estate Markets: Recent Evidence and Issues. [PDF]
J Real Estate Financ Econ (Dordr), 2023 Broxterman D, Zhou T.
europepmc +1 more source
A Note on the Pricing of Liquidity in Stock Returns
Lahore Journal of EconomicsKeynes (1930) proposed that an asset is more liquid than another “if it is more certainly realisable at short notice without loss” (vol. II, p. 67). This definition suggests that the liquidity of an asset is twofold. First, an asset should have a market
Nawazish Mirza
doaj
Navigating the factor zoo around the world: an institutional investor perspective. [PDF]
J Bus Econ, 2021 Bartram SM +3 more
europepmc +1 more source
Special issue of The Geneva Papers in memory of Orio Giarini. [PDF]
Geneva Pap Risk Insur Issues Pract, 2021 Courbage C, Loubergé H.
europepmc +1 more source