The Equity Premium and Structural Breaks
收藏NBER2000-07-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w7778
下载链接
链接失效反馈官方服务:
资源简介:
A long return history is useful in estimating the current equity premium even if the historical distribution has experienced structural breaks. The long series helps not only if the timing of breaks is uncertain but also if one believes that large shifts in the premium are unlikely or that the
提供机构:
美国国家经济研究局
创建时间:
2000-07-01



