OMRAN, MOHAMMED; POINTON, JOHN - In: International Journal of Theoretical and Applied … 11 (2008) 07, pp. 673-689
In this investigation over 144,000 simulations are undertaken of country equity risk premia, based on a scenario analysis of the uncertainty surrounding the period of non-sustainable growth in earnings and stock returns. Final estimates, from the larger data-sets in Japan, the US and the UK, are...
