History and the Equity Risk Premium

Preprint OPEN
William Goetzmann; Roger Ibbotson; (2005)
  • Subject: financial history, equity premium

We summarize some of our own past findings and place them in the context of the historical development of the idea of the equity risk premium and its empirical measurement by financial economists. In particular, we focus on how the theory of compensation for investment ... View more
Share - Bookmark