Market-consistent equity risk premiums

Recent times have been tumultuous for financial institutions. The large losses and associated capital-raising have led to dramatic share price volatility, posing a significant challenge to any model that attempts to determine expected return using historic price information.

Click on this link to read the full version of this article.

To continue reading...

You must be signed in to use this feature.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: