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Volumn 26, Issue 1, 1999, Pages 10-17

The shrinking equity premium: Historical facts and future forecasts

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EID: 0033632569     PISSN: 00954918     EISSN: None     Source Type: Journal    
DOI: 10.3905/jpm.1999.319776     Document Type: Review
Times cited : (86)

References (25)
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    • Cochrane, John H. "Where is the Market Going? Uncertain Facts and Novel Theories." Economic Perspectives, Federal Reserve Bank of Chicago, XXI, 6 (November/December 1997), pp. 3-37.
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  • 7
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    • January
    • Ibbotson, Roger G., and Rex A. Sinquefield. "Stocks, Bonds, Bills, and Inflation: Year-by-Year Historical Returns (1926-74)." Journal of Business, 49 (January 1976), pp. 11-45.
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    • Ibbotson, R.G.1    Sinquefield, R.A.2
  • 8
    • 0002071527 scopus 로고
    • Stocks, bonds, bills, and inflation: Simulations of the future (1976-2000)
    • July
    • -. "Stocks, Bonds, Bills, and Inflation: Simulations of the Future (1976-2000). "Journal of Business, 49 (July 1976), pp. 313-338.
    • (1976) Journal of Business , vol.49 , pp. 313-338
  • 10
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    • Global stock markets in the twentieth century
    • June
    • Jorion, Philippe, and William N. Goetzmann. "Global Stock Markets in the Twentieth Century. "Journal of Finance, 54, 3 (June 1999), pp. 953-980.
    • (1999) Journal of Finance , vol.54 , Issue.3 , pp. 953-980
    • Jorion, P.1    Goetzmann, W.N.2
  • 11
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    • Asset returns and intertemporal preferences
    • February
    • Kandel, Shmuel, and Robert F. Stambaugh. "Asset Returns and Intertemporal Preferences. "Journal of Monetary Economics, 27 (February 1991), pp. 39-71.
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    • Kandel, S.1    Stambaugh, R.F.2
  • 12
    • 0002426025 scopus 로고    scopus 로고
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    • March
    • Kocherlakota, Narayana R. "The Equity Premium: It's Still a Puzzle." Journal of Economics Literature, 34 (March 1996), pp. 42-71.
    • (1996) Journal of Economics Literature , vol.34 , pp. 42-71
    • Kocherlakota, N.R.1
  • 13
    • 46549099071 scopus 로고
    • The equity risk premium: A puzzle
    • March
    • Mehra, Rajneesh, and Edward C. Prescott. "The Equity Risk Premium: A Puzzle." Journal of Monetary Economics, 15 (March 1985), pp. 145-161.
    • (1985) Journal of Monetary Economics , vol.15 , pp. 145-161
    • Mehra, R.1    Prescott, E.C.2
  • 15
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    • Intangibles: What put the new in the new economy?
    • Federal Reserve Bank of Philadelphia, July/August
    • Nakamura, Leonard. "Intangibles: What Put the New in the New Economy?" Business Review, Federal Reserve Bank of Philadelphia, July/August 1999, pp. 3-16.
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    • Nakamura, L.1
  • 17
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    • Why do valuation ratios forecast long-run equity returns?
    • Spring
    • Philips, Thomas K. "Why Do Valuation Ratios Forecast Long-Run Equity Returns?" Journal of Portfolio Management, Spring 1999, pp. 39-44.
    • (1999) Journal of Portfolio Management , pp. 39-44
    • Philips, T.K.1
  • 22
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    • Winter
    • Siegel, Jeremy J., and Richard Thaler. "Anomalies: The Equity Premium Puzzle." Journal of Economic Perspectives, 11, 1 (Winter 1997), pp. 191-200.
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  • 23
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    • November
    • Weil, Philippe. "The Equity Premium Puzzle and the Risk-Free Rate Puzzle." Journal of Monetary Economics, 24 (November 1989), pp. 401-421.
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    • Weil, P.1


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