Handbook of the Equity Risk Premium

Author(s): Rajnish Mehra
Publisher: Elsevier Science
ISBN: 9780444508997
Edition:

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Description

Description

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.