Concepedia

Equity Risk Premiums (ERP): Determinants, Estimation and Implications

Aswath Damodaran

SSRN Electronic Journal · 2008 · 167 citations · 6 references

DOIFull text

Open access

Concepts

References

6

A Comprehensive Look at The Empirical Performance of Equity Premium Prediction

Ivo Welch, Amit Goyal · Review of Financial Studies · 2007 · 4.1K citations

, , +14

The Dividend-Price Ratio and Expectations of Future Dividends and Discount Factors

John Y. Campbell, Robert J. Shiller · Review of Financial Studies · 1988 · 4K citations · Full text

, , +13

Predicting Excess Stock Returns Out of Sample: Can Anything Beat the Historical Average?

John Y. Campbell, Samuel B. Thompson · Review of Financial Studies · 2007 · 3K citations · Full text

, , +16

Habit Formation: A Resolution of the Equity Premium Puzzle

George M. Constantinides · Journal of Political Economy · 1990 · 2.2K citations

, , +17

Substitution, Risk Aversion, and the Temporal Behavior of Consumption and Asset Returns: An Empirical Analysis

Larry G. Epstein, Stanley E. Zin · Journal of Political Economy · 1991 · 1.8K citations

, , +16