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Bürgerengagement in Deutschlandloped economies, the equity risk premium is considerable. Yet puzzles persist. Despite that premium, why do so many potential investors avoid holding stocks? Stock market nonparticipation is a major contributory to social insecurity, particularly in the USA, where many aging households are financial证实 发表于 2025-3-23 19:35:58
https://doi.org/10.1007/978-3-322-92314-1 in the economy-wide discount rate. By analogy to cholesterol, these components may be regarded as “bad” and “good.” Whereas “good” beta resulting from unexpectedly negative discount-rate news may be mitigated by later macroeconomic developments, “bad” beta resulting from shocks to cash flow dictateFavorable 发表于 2025-3-24 01:58:19
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2662-3986cash flow and discount rate components of systematic risk, harmonizes mathematical finance with labor markets, human capital, and macroeconomics. .978-3-319-87564-4978-3-319-63465-4Series ISSN 2662-3986 Series E-ISSN 2662-3994