Migiakis, Petros M.; Bekiris, Fivos V. - In: International review of financial analysis 18 (2009) 4, pp. 198-204
The relation between bond and equity returns serves as a proxy for estimating the premia investors' demand on their … between bond and dividend yields -- a relation better known as the gilt-equity yield ratio-GEYR -- by examining the … characteristics of the cointegration relation between the bond and equity yields. In this context, this paper's contribution is that …
