A type of theory describing the fact that historically the real returns of stocks have outperformed the return on government bonds and reflecting the relative risk of those stocks over the government bonds that are thought to be free of risk.
Related information about equity premium puzzle (EPP):
- Equity Premium Puzzle (EPP) Definition | Investopedia
An phenomenon that describes the anomalously higher historical real returns of stocks over government bonds. The equity premium, which is defined as equity ...
- What is equity premium puzzle (EPP)? definition and meaning
Definition of equity premium puzzle (EPP): A type of theory describing the fact that historically the real returns of stocks have outperformed the return on ...
- Equity premium puzzle: Definition from Answers.com
Equity Premium Puzzle - EPP. Top. Home > Library > Business & Finance > Investment Dictionary. An phenomenon that describes the anomalously higher ...
- Discounting The Equity Premium Puzzle - Emory
label this phenomenon the equity premium puzzle (EPP).1 What makes the puzzle enduring is that it appears to arise in different sample periods, occurs for a ...
- Can Rare Events Explain the Equity Premium Puzzle?
Second, we elicit the likelihood of observing an Equity Premium Puzzle (EPP) if the data were generated by the rare events probability distribution needed to ...
- EconPapers: Can Rare Events Explain the Equity Premium Puzzle?
Nov 7, 2012 ... Second, we elicit the likelihood of observing an Equity Premium Puzzle (EPP) if the data were generated by the rare events probability ...
- The Equity Premium Puzzle, Ambiguity Aversion, and Institutional - IMF
Sep 1, 2007 ... The equity premium puzzle (EPP) is the differential between return to equity and return to safe assets in excess of the premium that can be ...
- Can Rare Events Explain the Equity Premium Puzzle? by Christian ...
Mar 13, 2008 ... Second, we elicit the likelihood of observing an Equity Premium Puzzle (EPP) if the data were generated by the rare events probability ...