๐”– Bobbio Scriptorium
โœฆ   LIBER   โœฆ

Survival Bias and the Equity Premium Puzzle

โœ Scribed by Haitao Li; Yuewu Xu


Book ID
108503112
Publisher
John Wiley and Sons
Year
2002
Tongue
English
Weight
213 KB
Volume
57
Category
Article
ISSN
0022-1082

No coin nor oath required. For personal study only.


๐Ÿ“œ SIMILAR VOLUMES


Crash states and the equity premium: Sol
โœ Kevin D. Salyer ๐Ÿ“‚ Article ๐Ÿ“… 1998 ๐Ÿ› Elsevier Science ๐ŸŒ English โš– 641 KB

This paper examines the behavior of asset returns as predicted by the consumptionbased capital asset pricing model within an artificial economy that includes a low probability, crash state in consumption and dividends. It is demonstrated that the behavior of agents' intertemporal marginal rate of su

International portfolio choice, liquidit
โœ Alexander Michaelides ๐Ÿ“‚ Article ๐Ÿ“… 2003 ๐Ÿ› Elsevier Science ๐ŸŒ English โš– 526 KB

This paper solves for optimal international portfolio choice in the presence of liquidity constraints and undiversiรฟable labor income risk. Optimal portfolios are internationally diversiรฟed while positive correlation between domestic stock market returns and permanent labor income shocks can generat

INFORMATION AND THE EQUITY PREMIUM
โœ Christian Gollier; Edward Schlee ๐Ÿ“‚ Article ๐Ÿ“… 2011 ๐Ÿ› MIT Press ๐ŸŒ English โš– 250 KB
The Equity Premium and Structural Breaks
โœ ฤฝluboลก Pรกstor; Robert F. Stambaugh ๐Ÿ“‚ Article ๐Ÿ“… 2001 ๐Ÿ› John Wiley and Sons ๐ŸŒ English โš– 457 KB