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Reconciling the return predictability evidence

Lettau, Martin; Nieuwerburgh, Stijn van - In: The review of financial studies 21 (2008) 4, pp. 1607-1652

Persistent link: https://www.econbiz.de/10003765314

The declining equity premium : what role does macroeconomic risk play?

Lettau, Martin; Ludvigson, Sydney C.; Wachter, Jessica - In: The review of financial studies 21 (2008) 4, pp. 1653-1687

Persistent link: https://www.econbiz.de/10003765316

How to discount cashflows with time-varying expected returns

Ang, Andrew; Liu, Jun - In: The journal of finance : the journal of the American … 59 (2004) 6, pp. 2745-2784

Persistent link: https://www.econbiz.de/10002503562

The declining equity premium : what role does macroeconomic risk play?

Lettau, Martin; Ludvigson, Sydney C.; Wachter, Jessica - 2006

Persistent link: https://www.econbiz.de/10003310560

CAPM over the long run : 1926 - 2001

Ang, Andrew; Chen, Joseph - In: Journal of empirical finance 14 (2007) 1, pp. 1-40

Persistent link: https://www.econbiz.de/10003416060

Do funds-of-funds deserve their fees-on-fees?

Ang, Andrew; Rhodes-Kropf, Matthew; Zhao, Rui - 2008

"Since the after-fee returns of funds-of-funds are, on average, lower than hedge fund returns, it is easy to conclude that funds-of-funds do not add value compared to hedge funds. However, funds-of-funds should not be evaluated relative to hedge fund returns in publicly reported databases....