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The interaction between the equity premium and the risk-free rate

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  • Grant, Simon
  • Quiggin, John

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  • Grant, Simon & Quiggin, John, 2000. "The interaction between the equity premium and the risk-free rate," Economics Letters, Elsevier, vol. 69(1), pages 71-79, October.
    • Handle: RePEc:eee:ecolet:v:69:y:2000:i:1:p:71-79
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    References listed on IDEAS

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    1. Lucas, Robert E, Jr, 1978. "Asset Prices in an Exchange Economy," Econometrica, Econometric Society, vol. 46(6), pages 1429-1445, November.
    2. Weil, Philippe, 1992. "Equilibrium asset prices with undiversifiable labor income risk," Journal of Economic Dynamics and Control, Elsevier, vol. 16(3-4), pages 769-790.
    3. Grant, S. & Quiggin, J., 1999. "The Risk Premium for Equity: Implications for Clinton's Proposed Diversification of the Social Security Trust Fund," ANU Working Papers in Economics and Econometrics 1999-368, Australian National University, College of Business and Economics, School of Economics.
    4. Mankiw, N. Gregory, 1986. "The equity premium and the concentration of aggregate shocks," Journal of Financial Economics, Elsevier, vol. 17(1), pages 211-219, September.
    5. Mehra, Rajnish & Prescott, Edward C., 1985. "The equity premium: A puzzle," Journal of Monetary Economics, Elsevier, vol. 15(2), pages 145-161, March.
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    Cited by:

    1. Grant, Simon & Quiggin, John, 2003. "The Risk Premium for Equity: Implicatiosn for Resource Allocation, Welfare adn Policy," Working Papers 2003-14, Rice University, Department of Economics.

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