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Equity risk premium : a solution, the?

Alpha Creator Tesim:

Mehra, Rajnish. and Prescott, Edward C.

Series:

Working paper (Federal Reserve Bank of Minneapolis. Research Dept.)

Number:

389

Palabra clave:

Real interest rates, Debt, Equity, Equity premium puzzle, Rietz theory, Consumption, Risk aversion, and Fiat money

Tema:

H30 - Fiscal policies and behavior of economic agents - General, H63 - National budget, deficit, and debt - Debt ; Debt management, D81 - Information, knowledge, and uncertainty - Criteria for decision-making under risk and uncertainty, and E21 - Macroeconomics : Consumption, saving, production, employment, and investment - Consumption ; Saving ; Wealth