Essays On Stock Prices And Equity Premium
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The Equity Risk Premium
Author | : William N. Goetzmann |
Publisher | : Oxford University Press |
Total Pages | : 568 |
Release | : 2006-11-16 |
Genre | : Business & Economics |
ISBN | : 0195148142 |
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This book aims to create a strong understanding of the empirical basis for the equity risk premium. Through the research and anaylsis of two scholars who are experts in this field, this volume presents the key issues that are paramount to investors, including whether or not to use historical data as a method of equity investing, and can the equity premium reflect changes in fundamental values and cash flows of the market.
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