Results 71 to 80 of about 435,179 (262)

The equity premium in finance and valuation textbooks [PDF]

This paper is a review of the recommendations about the equity premium found in the main finance and valuation textbooks. We review several editions of books written by authors such as Brealey and Myers; Copeland, Koller and Murrin (McKinsey); Ross ...
Fernandez, Pablo
core  

Value Premium and Country Risk as Dimensions to Estimate Conditional Returns: a Study of the Brazilian Market

BBR: Brazilian Business Review, 2015
Asset pricing is a widely explored theme in the financial literature. Nevertheless, the phenomenon of value premium is still controversial, since although easily detected in developed and emerging markets, little is know about the economic forces that ...
Lilian de Castro Medeiros, Aureliano Angel Bressan   +1 more
doaj  

Interaction of Economic Policy. Lessons on Social Welfare and Risk Premium

, 2021
Roger Alejandro Banegas Rivero
openalex   +1 more source

Why do variance swaps exist? [PDF]

This paper studies the determinants of the variance risk premium and concludes on the hedging possibilities offered by variance swaps. We start by showing that the variance risk premium responds to changes in higher order moments of the distribution of ...
Alfonso Novales Cinca, Belén Nieto, Gonzalo Rubio   +2 more
core  

Out-of-Sample Predictability of the Equity Risk Premium

Mathematics
A large set of macroeconomic variables have been suggested as equity risk premium predictors in the literature. Acknowledging the different predictability of the equity premium in expansions and recessions, this paper proposes an approach that combines ...
Daniel de Almeida, Ana-Maria Fuertes, Luiz Koodi Hotta   +2 more
doaj   +1 more source

The Risk Premium for Equity [PDF]

, 2001
The equity premium puzzle shows that using standard parameters and setup, the Consumption-based Capital Asset Pricing Model's (CCAPM's) prediction of the premium associated with systematic risk is out by an order of magnitude.The object of this paper is to consider the implications of each of the broad classes of explanations of the equity premium ...
Grant, S., Quiggin, J.
openaire   +2 more sources

TERM PREMIUM AND EQUITY PREMIUM IN ECONOMIES WITH HABIT FORMATION [PDF]

In this paper we investigate the size of the risk premium and the term premium in an representative agent exchange model economy where households preferences are subject to habit formation.
Antonia Diaz, Santiago Budria
core  

The Equity Premium [PDF]

, 2004
Recent research on the equity risk premium has questioned the ability of historical estimates of the risk premium to provide reliable estimates of the expected risk premium.
Kyriacou, K, Madsen, J, Mase, B
core   +1 more source

The Value Premium in Capital Asset Pricing; the Case of Tehran Stock Exchange [PDF]

تحقیقات مالی, 2006
Capital Asset Pricing, as one of the basic theories in finance and investment area, develop a model for estimation of expected rate of return and equity cost of capital. This model has many applications in the field of finance.
محمداسماعیل فدائی‌نژاد, رضا عیوض‌لو   +1 more
doaj  

Modeling and Analyzing Macro-Economic Variables as Risk Factors: Evidence from Pakistani Stock Exchange

JISR Management and Social Sciences & Economics, 2017
This study attempts to investigate seven macroeconomic risk factors’ effect on fifty stock returns of Pakistani stock market for the time period of July 1998 to June 2014 respectively.
Fauzia Mubarik, Attiya Yasmin Javid
doaj   +1 more source