risk premium is of a smaller order of magnitude than the risk itself, as measured by the expectation of the absolute value …

The Risk Premium and Cost-of-Carry models regarding the pricing of Australian dollar futures contracts traded on the …-correction representation for the Risk Premium model, and two alternative error-correction formulations for the Cost-of-Carry model. Two … these structural breaks. The Risk Premium and Cost-of-Carry formulations are estimated for all sample sets, the models …

magnitude of the risk premium for one of the risks vis-a-vis the other. A condition on utility functions giving this property is …

The properties of the foreign exchange risk premium in general equilibrium models with sticky nominal pricesare …

risk premium, comparable to the probable changes of the spot rate between now and maturity, which can be understood as a …

This paper investigates the behavior of the risk premium on the Swiss stock market. The risk premium consists of two …

referred to as the equity risk premium) is used to denote the ex ante expectation of investors. The term excess return refers … appears in Table 1 and Table 6. Such greater returns may be due to an increased risk premium related to increasing unexpected … inflation. Particularly important in estimating the equity risk premium is whether excess returns are measured using a geometric …

costs. The GKO nonzero risk premium was estimated as the costs of position hedging in the GKO futures market. The procedure …