An evolutionary explanation of the value premium puzzle
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Volume (Year): 21 (2011)
Issue (Month): 5 (December)
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- Lettau, Martin & Wachter, Jessica, 2005. "Why is Long-Horizon Equity Less Risky? A Duration-based Explanation of the Value Premium," CEPR Discussion Papers 4921, C.E.P.R. Discussion Papers.
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