Monday, September 7, 2009

The equity premium: A puzzle

THE EQUITY PREMIUMA Puzzle*
Rajnish MEHRA
Columbia University, New York, NY 10027, USA
Edward C. PRESCOTTFederal Reserve Bank of MinneapolisUniversity of Minnesota, Minneapolis, MN 5545.5, USA.

Mehra, Rajnish; Edward C. Prescott (1985). "The Equity Premium: A Puzzle" (PDF). Journal of Monetary Economics 15: 145–161

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