Homaifar, Ghassem A.; Salimullah, Abul Hasnat Muhammed - In: Economia Internazionale / International Economics 67 (2014) 3, pp. 373-385
securities for assuming the risk. Using GARCH estimate reveals strong positive correlation between growth rate of GDP and that of … the equity risk premium. An increase in future economic activity as measured by rising growth rate of GDP enhances equity …