Is low international risk sharing consistent with a high equity premium? A reconciliation of two puzzles
Year of publication: |
2006
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Authors: | Basu, Parantap ; Wada, Kenji |
Published in: |
Economics letters. - Amsterdam [u.a.] : Elsevier, ISSN 0165-1765, ZDB-ID 717210-2. - Vol. 93.2006, 3, p. 436-442
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Subject: | Equity-Premium-Puzzle | Equity premium puzzle |
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