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The Equity Premium is No Puzzle
14 references·1 citing·44 second hopsampled
The Equity Premium is No Puzzle (1996)The Equity Premium is No PuzzleOn the structure and diversity of rational beliefs (1994)On the structure and diversit…On rational belief equilibria (1994)On rational belief equilibriaThe equity premium and the risk-free rate (1993)The equity premium and the ri…The Equity Premium and the Risk Free Rate: Matching the Moments (1991)The Equity Premium and the Ri…The Consumption of Stockholders and Non-Stockholders (1990)The Consumption of Stockholde…‘First-order’ risk aversion and the equity premium puzzle (1990)‘First-order’ risk aversion a…The equity risk premium a solution (1988)The equity risk premium a sol…THE EQUITY PREMIUM PUZZLE AND THE RISK-FREE RATE PUZZLE (1988)THE EQUITY PREMIUM PUZZLE AND…The Dividend-Price Ratio and Expectations of Future Dividends and Discount Factors (1988)The Dividend-Price Ratio and …Permanent and Temporary Components of Stock Prices (1988)Permanent and Temporary Compo…The equity premium and the concentration of aggregate shocks (1986)The equity premium and the co…The equity premium: A puzzle (1985)The equity premium: A puzzleThe Determinants of the Variability of Stock Market Prices (1980)The Determinants of the Varia…Asset Prices in an Exchange Economy (1978)Asset Prices in an Exchange E…Diverse Beliefs and Time Variability of Risk Premia (2007)Diverse Beliefs and Time Vari…Stochastic Implications of the Life Cycle-Permanent Income Hypothesis: Theory and Evidence (1978)Do Stock Prices Move Too Much to be Justified by Subsequent Changes in Dividends? (1980)Explaining the Variance of Price–Dividend Ratios (1992)ECONOMETRIC TESTS OF ASSET PRICE BUBBLES: TAKING STOCK* (2008)Stock market volatility around national elections (2008)Games with Incomplete Information Played by “Bayesian” Players, I–III Part I. The Basic Model (1967)Agreeing to Disagree (1976)Martingales and arbitrage in multiperiod securities markets (1979)Exchange rate puzzles: A tale of switching attractors (2004)Chapter 14 Survey Expectations (2006)Macroeconomic Analysis Without the Rational Expectations Hypothesis (2013)The Equity Premium Puzzle and the Riskfree Rate Puzzle (1989)Variable Rare Disasters: An Exactly Solved Framework for Ten Puzzles in Macro-Finance * (2012)Short- Term Interest Rates as Predictors of Inflation (2021)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)The relationship between return and market value of common stocks (1981)Does the Stock Market Overreact? (1985)Noise Trader Risk in Financial Markets (1990)Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency (1993)Investor Psychology and Security Market Under‐ and Overreactions (1998)An Intertemporal Capital Asset Pricing Model (1973)Portfolio Choice and Asset Prices: The Importance of Entrepreneurial Risk (2000)Strategic Asset Allocation (2002)Equity Portfolio Diversification (2008)Rational Expectations and the Theory of Price Movements (1961)Aspects of the Theory of Risk-Bearing. (1966)Economic Forces and the Stock Market (1986)Efficient Capital Markets: II (1991)Likelihood Ratio Statistics for Autoregressive Time Series with a Unit Root (1981)Co-Integration and Error Correction: Representation, Estimation, and Testing (1987)Testing for a Unit Root in Time Series Regression (1988)ARCH modeling in finance (1992)A five-factor asset pricing model (2014)SKEWNESS PREFERENCE AND THE VALUATION OF RISK ASSETS* (1976)Stochastic Consumption, Risk Aversion, and the Temporal Behavior of Asset Returns (1983)Junior Can't Borrow: A New Perspective on the Equity Premium Puzzle (2002)Evaluating the effects of incomplete markets on risk sharing nad asset pricing (2010)The Macroeconomic Effects of Housing Wealth, Housing Finance, and Limited Risk Sharing in General Equilibrium (2016)Time to Build and Aggregate Fluctuations (1982)Temporal Resolution of Uncertainty and Dynamic Choice Theory (1978)Debt, Deficits, and Finite Horizons (1985)Myopic Loss Aversion and the Equity Premium Puzzle (1993)Risks for the Long Run: A Potential Resolution of Asset Pricing Puzzles (2000)Investor Psychology and Asset Pricing (2001)
this work references cited by second hop· second hop is a sample of the most-cited connections

References

  • 1985The equity premium: A puzzle5,785 cited
  • 1978Asset Prices in an Exchange Economy5,057 cited
  • 1988The Dividend-Price Ratio and Expectations of Future Dividends and Discount Factors3,784 cited
  • 1988Permanent and Temporary Components of Stock Prices3,036 cited
  • 1988The equity risk premium a solution1,397 cited
  • 1988THE EQUITY PREMIUM PUZZLE AND THE RISK-FREE RATE PUZZLE1,378 cited
  • 1990The Consumption of Stockholders and Non-Stockholders1,289 cited
  • 1980The Determinants of the Variability of Stock Market Prices511 cited
  • 1986The equity premium and the concentration of aggregate shocks436 cited
  • 1994On the structure and diversity of rational beliefs323 cited
  • 1990‘First-order’ risk aversion and the equity premium puzzle285 cited
  • 1991The Equity Premium and the Risk Free Rate: Matching the Moments223 cited
  • 1993The equity premium and the risk-free rate186 cited
  • 1994On rational belief equilibria155 cited

Cited by

  • 2007Diverse Beliefs and Time Variability of Risk Premia48 cited

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