The market equity risk premium : treasury paper / Brian McCulloch.

About this item

Title

The market equity risk premium : treasury paper / Brian McCulloch.

Content partner

National Library of New Zealand

Collection

National Library of New Zealand Catalogue

Description

"Over the past seventy-five years, US capital markets have provided an equity risk premium over long-term bonds in the region of 7%. The traditional view has been that these historical results provide an unbiased estimate of the expected future long-term equity risk premium. This view has given way over the past few years to a consensus that the future expected risk premium is actually somewhat lower"--Page i.

Format

Book

Date created

2005.

Creator

McCulloch, Brian / New Zealand. Treasury

URL

http://natlib.govt.nz/records/45087191

Related subjects

Stocks -- Rate of return -- New Zealand / Equity -- New Zealand / Risk -- New Zealand

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