The equity risk premium: A solution?

Research output: Contribution to journalArticle

77 Scopus citations

Abstract

This paper responds to Rietz's (1988) proposed solution to the Equity Premium Puzzle. We explain why we do not consider his proposed solution to be a resolution of the puzzle and clarify what constitutes a possible solution.

Original languageEnglish (US)
Pages (from-to)133-136
Number of pages4
JournalJournal of Monetary Economics
Volume22
Issue number1
DOIs
StatePublished - Jul 1988
Externally publishedYes

ASJC Scopus subject areas

  • Finance
  • Economics and Econometrics

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