Use the realized risk-free rate as a input t address an unacceptable high risk aversion which lead to "knife edge "effect. According to the real risk-free return data in China and other cross-country data, such high risk aversion is unreasonable.CHEN Zhisong...
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 ...
Equity Risk Premium and Investor Behavior: from 1992 to 2012 China International Comparison Based on the Capital Market 来自 知网 喜欢 0 阅读量: 32 作者:XY Zheng,F Liu,CC Bank 摘要: This paper measures the equity premium of Chinese capital market from 1992 to2012,and conducts a comparative ...
股权风险溢价(Equity risk premium)是指市场投资组合或具有市场平均风险的股票收益率与无风险收益率的差额。从这个定义可 … wiki.mbalib.com|基于24个网页 3. 股票风险溢酬 股票风险溢酬(equity risk premium):为诱使投资人把钱从银行拿出来或从政府公债转出来买股票,股市所需付出的代价。实际 … ...
premium— 首选 · 奖金 · 贴水 equity— 对等 查看其他译文 © Linguee 词典, 2024 使用DeepL翻译器,即刻翻译文本和文档 随打随译 世界领先的质量 拖放文件 立刻翻译 ▾ 外部资源(未审查的) [...] non-diversifiable non-market risks since there is no observable risk premium ...
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...
Estimating the equity risk premium is difficult in the case of developed economies with mature stock markets, and it is even harder in the case of emerging markets with short and volatile history of the stocks exchange. In this paper it will be shown the attempt to estimate the expected ERP...
Define Equity market. Equity market synonyms, Equity market pronunciation, Equity market translation, English dictionary definition of Equity market. n. 1. A place or system in which stocks, bonds, or other securities are bought and sold. 2. An associati
What Really Drives Risk Premium and Abnormal Returnsin Private Equity Funds? The chorus for China private equity is no longer merry. Investors are frustrated with private equity in China, and they have been unreserved in voicing dis... K Ng - 《Journal of Investing》 被引量: 0发表: 0年 ...
Long-Run Risks and Risk Compensation in Equity Markets What drives the compensation in equity markets? This article shows that perceptions of long run growth and economic uncertainty in the economy play an impo... Ravi Bansal * - 《Handbook of the Equity Risk Premium》 被引量: 55发表: 2008...