Investment-based Costs of Equity
收藏NBER2026-04-01 更新2026-04-11 收录
下载链接：
https://www.nber.org/papers/w35040
下载链接
链接失效反馈官方服务：
资源简介：
The q5-characteristics model estimates costs of equity as Lewellens (2015) out-of-sample forecasts from cross-sectional regressions. The q5-cost of equity is competitive in evaluation tests, outperforming the accounting implied cost of equity in predicting cross-sectional returns. The q5-cost of
提供机构：
美国国家经济研究局
创建时间：
2026-04-01
