Equity risk premium is the difference between the return on the market portfolio of common stocks and the risk free interest rate. This article focuses on the last eight years (from Feb 1995 to Dec 2002) data and measures China's equity risk premium. The equity risk premium is 2.03 under ...
This paper measures the equity premium of Chinese capital market from 1992 to2012,and conducts a comparative study. The result unfolds that,as a emerging market representative,Chinese capital market shows volatility and its equity premium is high,which presents high attractiveness to investors during ...
(ICAPM) to research the equity premium of China's stock market during the period from 1991m1 to 2005m12. The results show that the equity premium and market risk of our stock market are significantly time-varying. The time-varying risk can't almost explain the equity premium during the ...
The mispricing in China's equity marketThe margin trading and short sale activity in the emerging marketThe proxy of the equity risk premium in China based on a GARCH(1,1)-M modeldoi:10.1016/j.pacfin.2016.06.007Liu, DehongBeijing Jiaotong UnivGu, Hongmei...
interest-rate term structure, inflation, money supply and risk premium, and two market indicators i.e., dividend yield and productivity of the industry. ... IZ Ramadan - 《International Journal of Economics & Finance》 被引量: 5发表: 2012年 A Credit-Banking Explanation of the Equity Premium...
We analyze the history of the equity risk premium from surveys of U.S. Chief Financial Officers (CFOs) conducted every quarter from June 2000 to March 2015... JR Graham,CR Harvey - 《Ssrn Electronic Journal》 被引量: 0发表: 2015年 The impact of gated communities on property values: evide...
Time-Varying Risk Premium in Large Cross-Sectional Equity Data Sets We develop an econometric methodology to infer the path of risk premia from a large unbalanced panel of individual stock returns. We estimate the time-vary... Patrick,Gagliardini,Elisa,... - 《Econometrica》 被引量: 97发表: ...
The Equity Risk Premium: The Long-Run Future of the Stock Market The Equity Risk Premium-the difference between the rate of return on common stock and the return on government securities-has been widely recognized as the key to forecasting future returns on the stock market. Though relatively ...
Public health insurance coverage has expanded but financing equity has decreased. Conclusions Health care financing policies in China need ongoing reform. Given the inequity of general consumption taxes, elimination of these would improve financing equity considerably. Optimizing benefit packages in public ...
Premium/Discount as of Jan 10, 2025 -0.45 Closing Price as of Jan 10, 2025 55.35 30 Day Avg. Volume as of Jan 10, 2025 2,064,940.99 Daily Volume as of Jan 10, 2025 2,056,506.00 Fund Inception Jul 18, 2017 Asset Class Equity ...