Results 151 to 160 of about 273,667 (338)

Essays on the Equity Risk Premium

open access: yes, 2016
The equity risk premium (ERP) is an essential component of any asset pricing model both for academics and practitioners alike. Nevertheless, the financial literature does not accord much attention to the ERP estimation issues (Damodaran, 2015). The first chapter of this dissertation gives a summary of the recent literature review on the subject of the ...
openaire   +2 more sources

Stare down the barrel and center the crosshairs: Targeting the ex ante equity premium [PDF]

open access: yes
The equity premium of interest in theoretical models is the extra return investors anticipate when purchasing risky stock instead of risk-free debt.
Glen Donaldson   +2 more
core  

Aspirations and Apprehensions: Reconciling Youths' Desires and Concerns for a Sustainable Future

open access: yesSustainable Development, EarlyView.
ABSTRACT Although youth are widely acknowledged as change agents, their full participation is often limited by immediate concerns. This study examines how young people's aspirations shape their engagement with sustainability amid economic, environmental, and social uncertainties. Drawing on a large‐scale international survey (n: 15,076) and multinomial
Stephen Thomas Homer   +2 more
wiley   +1 more source

High-Order Consumption Moments and Asset Pricing [PDF]

open access: yes
This paper develops an approximate equilibrium factor model for asset returns. In this model, the pricing factors are the cross-moments of return with the cross-sectional moments of individual consumption and the signs of the risk factor coefficients are
Andrei Semenov
core   +3 more sources

The Rise and Fall of Gulf Finance House [PDF]

open access: yes
This paper dissects the balance sheet and business model of Gulf Finance, and scrutinizes the existence of a "pre-exit premium" in their activities – on top of the usual exit fees and/or performance fees.
khnifer, mohammed
core   +1 more source

Isolation, Insularity and Resilience: A Review of the Geophysical, Socioeconomic, and Environmental Vulnerabilities of Gran Canaria and Lesvos Islands for Policy Interventions to Global Change

open access: yesSustainable Development, EarlyView.
ABSTRACT The dynamic nature of small islands being geographically isolated and their perceived connectedness with global networks complicates research attempts to draw general conclusions on whether insularity leads to marginalization or strengthens their resilience for sustainable development.
Toheeb Lekan Jolaosho   +2 more
wiley   +1 more source

Changes in Risk and Asset Prices [PDF]

open access: yes
We examine asset prices in a representative-agent model of general equilibrium. Assuming only that individuals are risk averse, we determine conditions on the changes in asset risk that are both necessary and sufficient for the asset price to fall.
Christian Gollier, Harris Schlesinger
core  

Participatory Value Co‐Creation in Sustainable Market Systems: A Framework for Systemic Marketing Redesign

open access: yesSustainable Development, EarlyView.
ABSTRACT Achieving global sustainability requires rethinking marketing beyond firm centred strategies and towards systemic approaches that engage diverse stakeholders in value co‐creation. This paper proposes a conceptual framework for participatory value co‐creation in sustainable market systems, drawing on stakeholder theory, systems thinking ...
Ahmet Küçükuncular
wiley   +1 more source

The Loss Aversion / Narrow Framing Approach to the Equity Premium Puzzle [PDF]

open access: yes
We review a recent approach to understanding the equity premium puzzle. The key elements of this approach are loss aversion and narrow framing, two well-known features of decision-making under risk in experimental settings.
Ming Huang, Nicholas Barberis
core  

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