Hi, dear members and visitors! I'm glad to send you our group's 80th month newsletter, First let me renew my best wishes for you all for 2007. As for our...
Peter this is yasmin. i would like to access this group to have an information about this topic . i hope you will cooperate with me. thanks and regards yasmin...
Hi all dear Friends, I'm a new PhD Student of Finance and the area I'm interested in is Portfolio Management, especially about Optimal Selection. I don't want...
Hi Mansourfar The following paper may be useful for you At-Sahalia, Y. & Brandt, M. Variable selection for portfolio choice Journal of Finance, 2001, 4,...
Hi! Every month, I submit an article from the BF glossary, for information, to start a debate on the topic and to get your observations. This month, as I...
There is an added problem with the definition of the premium. I realised this matter on a recent discussion regarding general risk science and its relation to...
I have read a lot of different opinions on how to measure the equity risk premium. Most of the analysis I've read seem to suggest that the premium is a...
As I understand it, the equity risk premium puzzle is normative and asks: why are stock market returns so high compared to government bonds? The basic idea...
Dear Financiers: In discussing the nature of the equity risk premium you are assuming a market devoid of competition. In an economy of this nature there is no...
... Seems so, Jan, a turning point could be in sight in market risk / return expectations. And with the quality contributions we already have from Carlos,...
... Please excuse me if this seems elementary or obvious. I'm very much an amateur, and much of your discussion goes right over my head. However, could much of...
Bill I feel you are absolutely correct, at least from the work I have done. Much has been written about the equity risk premium but almost all the research has...
Hi John, just read your e-mail and had a quick question: how do you, in practise, use the 50d vol instead of the beta ? (you compare the index' vol and the...
Hello everyone, I am a masters student in Finance in Sweden. I want to write my master thesis about behavioral finance because I am so interested in. I will...
Hi everyone. I am new to this group, but I know about neurobiology and am interested in neuroeconomics. Perhaps, Eda, you should contact Terence Odean, a ...
... <billg@...> wrote: [snip quote] ... much an ... talking ... permanent ... aversion" ... the ... the ... usually - ... you ... but ... bought ... is that ...
... <billg@...> wrote: [snip quote] ... much an ... talking ... permanent ... aversion" ... the ... the ... usually - ... you ... but ... bought ... is that ...
Hi Eda, I am working on that subject as an application example for the third part of my PhD thesis. It is actually possible to develop mathematical models of...
... equity ... There is something here, savers / lenders might have wrong expectations about inflation, something that might be related to the "money illusion"...
John, Your model of calculating the risk premium as "Rp = E/P + EPS growth - Y" is a crude approximation, Y being the nominal interest rate. It works as a...
Actually, in pseudo-code form, this is the formula I use. Start: For i=1 to 30 Cprice= (1+growth)^i * earn * (1+yield)^-i next i If Cprice>Price then...
Hi Everybody: Sometimes we fail to remember that the risk premium model is a multivariable model whose determinants, like those of consumer demand, are...
... Right, Jan, I was thinking so also. Seing now how the discussion is growing out various branches, it might not be too easy to make syntheses. Well, I might...
... Re Islam, I think muqaradah can be compared to contract management or an investment agreement. As I understand it, the basic agreement is profit sharing...
... Perhaps it's a combination of a sense of safety in a guarantee to repay money back with interest and the satisfaction of having a known return from fixed...
