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This book aims to create a strong understanding of the empirical basis for the equity risk premium. Through the research and anaylsis of two scholars who are experts in this field, this volume presents the key issues that are paramount to investors, including whether or not to use historical data as a method of equity investing, and can the equity premium reflect changes in fundamental values and cash flows of the market.

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Book Details

ISBN: 9780195148145
ISBN-10: 0195148142
Format: Hardback
(241mm x 166mm x 30mm)
Pages: 576
Imprint: Oxford University Press Inc
Publisher: Oxford University Press Inc
Publish Date: 1-May-2005
Country of Publication: United States

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Author Biography - William N. Goetzmann

Robert Ibbotson is a member of the Yale School of Finance Faculty since 1986. He is Chairman and Founder of Ibbotson Assocaites in Chicago and New York, which provides consulting services, software, data and financial publishing for financial institutions and investment advisors. Professor Ibbotson is the author of numerous books and articles, including the annual Stocks, Bonds, Bills and Inflation Yearbook. Will Goetzmann is the Edwin J. Beinecke Professor of Finance and Management Studies at the Yale School of Management and a Research Associate of the National Bureau of Economic Research. He currently serves as the Director of the International Center for Finance at Yale-an interdisciplinary research organization focused on sponsoring and disseminating academic research in Finance.

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