Long-term discount rates do not vary across firms
Year of publication: |
2021
|
---|---|
Authors: | Keloharju, Matti ; Linnainmaa, Juhani ; Nyberg, Peter |
Published in: |
Journal of financial economics. - Amsterdam [u.a.] : Elsevier, ISSN 0304-405X, ZDB-ID 187118-3. - Vol. 141.2021, 3, p. 946-967
|
Subject: | Factors | Market efficiency | Production-based asset pricing models | Return predictability | Time-varying risks | CAPM | Kapitaleinkommen | Capital income | Kapitalmarkttheorie | Financial economics | Effizienzmarkthypothese | Efficient market hypothesis | Prognoseverfahren | Forecasting model | Schätzung | Estimation | Risikoprämie | Risk premium |
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