Author: Rajnish Mehra
Publisher: Elsevier
ISBN: 0080555853
Category : Business & Economics
Languages : en
Pages : 635
Book Description
Edited by Rajnish Mehra, this volume focuses on the equity risk premium puzzle, a term coined by Mehra and Prescott in 1985 which encompasses a number of empirical regularities in the prices of capital assets that are at odds with the predictions of standard economic theory.