Showing 1 - 10 of 4,285
.K., Japan, France, Germany, Canada, Italy, Spain, Switzerland, Australia, the Netherlands, Sweden, Belgium, Ireland, Denmark …
Persistent link: https://www.econbiz.de/10014488074
Persistent link: https://www.econbiz.de/10011419459
Persistent link: https://www.econbiz.de/10011438563
Persistent link: https://www.econbiz.de/10011535465
Persistent link: https://www.econbiz.de/10011454047
Persistent link: https://www.econbiz.de/10011504178
Persistent link: https://www.econbiz.de/10011504216
Supported by empirical examples, this paper provides a theoretical analysis on the impacts of using a suboptimal information set for the estimation of the empirical pricing kernel and, more in general, for the validity of the fundamental theorems of asset pricing. While inferring the...
Persistent link: https://www.econbiz.de/10011506352
The article presents a historical review of the literature related to the empirical problem of excessive risk premium. The risk premium (the difference between the return on equities and risk-free rate) observed in financial markets cannot be reconciled with theoretical models of financial...
Persistent link: https://www.econbiz.de/10011539760
Persistent link: https://www.econbiz.de/10011500022