Matches in SemOpenAlex for { <https://semopenalex.org/work/W3124778384> ?p ?o ?g. }
Showing items 1 to 86 of
86
with 100 items per page.
- W3124778384 abstract "This paper shows that, when as usual the market portfolio is proxied by a share portfolio, then the conventional Ibbotson (1999) estimator of the market risk premium violates Miller-Modigliani (1958 and 1963) propositions II and III. A new estimator of the market risk premium is proposed which is free of these defects. In addition, across the range of market leverages experienced in the US in the period 1952-1997, it generates estimates of the market risk premium that differ from those generated by the Ibbotson methodology by up to 2.5 percentage points, and weighted average costs of capital for firms that differ by up to 2.6 percentage points." @default.
- W3124778384 created "2021-02-01" @default.
- W3124778384 creator A5054071292 @default.
- W3124778384 date "2002-01-01" @default.
- W3124778384 modified "2023-09-23" @default.
- W3124778384 title "Time-Varying Market Leverage, the Market Risk Premium and the Cost of Capital" @default.
- W3124778384 hasPublicationYear "2002" @default.
- W3124778384 type Work @default.
- W3124778384 sameAs 3124778384 @default.
- W3124778384 citedByCount "1" @default.
- W3124778384 countsByYear W31247783842015 @default.
- W3124778384 crossrefType "posted-content" @default.
- W3124778384 hasAuthorship W3124778384A5054071292 @default.
- W3124778384 hasConcept C105795698 @default.
- W3124778384 hasConcept C106159729 @default.
- W3124778384 hasConcept C140577478 @default.
- W3124778384 hasConcept C144133560 @default.
- W3124778384 hasConcept C149782125 @default.
- W3124778384 hasConcept C151541453 @default.
- W3124778384 hasConcept C151730666 @default.
- W3124778384 hasConcept C153083717 @default.
- W3124778384 hasConcept C162324750 @default.
- W3124778384 hasConcept C162775986 @default.
- W3124778384 hasConcept C175444787 @default.
- W3124778384 hasConcept C181236170 @default.
- W3124778384 hasConcept C181622380 @default.
- W3124778384 hasConcept C185429906 @default.
- W3124778384 hasConcept C2777302077 @default.
- W3124778384 hasConcept C2780299701 @default.
- W3124778384 hasConcept C2780762169 @default.
- W3124778384 hasConcept C2780821815 @default.
- W3124778384 hasConcept C33400823 @default.
- W3124778384 hasConcept C33923547 @default.
- W3124778384 hasConcept C73858035 @default.
- W3124778384 hasConcept C74734477 @default.
- W3124778384 hasConcept C80212096 @default.
- W3124778384 hasConcept C86803240 @default.
- W3124778384 hasConceptScore W3124778384C105795698 @default.
- W3124778384 hasConceptScore W3124778384C106159729 @default.
- W3124778384 hasConceptScore W3124778384C140577478 @default.
- W3124778384 hasConceptScore W3124778384C144133560 @default.
- W3124778384 hasConceptScore W3124778384C149782125 @default.
- W3124778384 hasConceptScore W3124778384C151541453 @default.
- W3124778384 hasConceptScore W3124778384C151730666 @default.
- W3124778384 hasConceptScore W3124778384C153083717 @default.
- W3124778384 hasConceptScore W3124778384C162324750 @default.
- W3124778384 hasConceptScore W3124778384C162775986 @default.
- W3124778384 hasConceptScore W3124778384C175444787 @default.
- W3124778384 hasConceptScore W3124778384C181236170 @default.
- W3124778384 hasConceptScore W3124778384C181622380 @default.
- W3124778384 hasConceptScore W3124778384C185429906 @default.
- W3124778384 hasConceptScore W3124778384C2777302077 @default.
- W3124778384 hasConceptScore W3124778384C2780299701 @default.
- W3124778384 hasConceptScore W3124778384C2780762169 @default.
- W3124778384 hasConceptScore W3124778384C2780821815 @default.
- W3124778384 hasConceptScore W3124778384C33400823 @default.
- W3124778384 hasConceptScore W3124778384C33923547 @default.
- W3124778384 hasConceptScore W3124778384C73858035 @default.
- W3124778384 hasConceptScore W3124778384C74734477 @default.
- W3124778384 hasConceptScore W3124778384C80212096 @default.
- W3124778384 hasConceptScore W3124778384C86803240 @default.
- W3124778384 hasOpenAccess W3124778384 @default.
- W3124778384 hasRelatedWork W1546768667 @default.
- W3124778384 hasRelatedWork W1956244680 @default.
- W3124778384 hasRelatedWork W2041987672 @default.
- W3124778384 hasRelatedWork W2102695886 @default.
- W3124778384 hasRelatedWork W2182257568 @default.
- W3124778384 hasRelatedWork W2227413452 @default.
- W3124778384 hasRelatedWork W2482181448 @default.
- W3124778384 hasRelatedWork W2528104601 @default.
- W3124778384 hasRelatedWork W2605378299 @default.
- W3124778384 hasRelatedWork W2609791242 @default.
- W3124778384 hasRelatedWork W2777007069 @default.
- W3124778384 hasRelatedWork W2979966918 @default.
- W3124778384 hasRelatedWork W3034983026 @default.
- W3124778384 hasRelatedWork W3122243589 @default.
- W3124778384 hasRelatedWork W3122582743 @default.
- W3124778384 hasRelatedWork W3124609927 @default.
- W3124778384 hasRelatedWork W3124729628 @default.
- W3124778384 hasRelatedWork W3125513475 @default.
- W3124778384 hasRelatedWork W3210650405 @default.
- W3124778384 hasRelatedWork W2156574478 @default.
- W3124778384 isParatext "false" @default.
- W3124778384 isRetracted "false" @default.
- W3124778384 magId "3124778384" @default.
- W3124778384 workType "article" @default.