The Declining U.S. Equity Premium
收藏NBER2001-03-01 更新2025-01-04 收录
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https://www.nber.org/papers/w8172
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资源简介：
This study demonstrates that the U.S. equity premium has declined significantly during the last three decades. The study calculates the equity premium using a variation of a formula in the classic Gordon stock valuation model. The calculation includes the bond yield, the stock dividend yield, and
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美国国家经济研究局创建时间：
2001-03-01
