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The Equity Risk Premium: The Long-Run Future of the Stock Market (Frontiers in Finance Series)

Bradford Cornell




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 | #3727073 in eBooks |  2008-04-21 |  2008-04-21 | File type: PDF

||8 of 8 people found the following review helpful.| The Equity Risk Premium|By Dominic Andrade|The author, Professor Bradford Cornell, gives an analytical, yet very readable, explanation and forecast of the decline of the stock market during the past couple of years. In this regard Professor Cornell makes a similar conclusion about the value of equtiies and slightly earlier than did Robert J. Shiller in his book, Irrational Exu| |"An understanding of the equity risk premium is important for informed financial decision making. Cornell's book does an excellent job tying together historical, empirical, and theoretical analysis of the premium in a package accessible to practitioners as we

The Equity Risk Premium-the difference between the rate of return on common stock and the return on government securities-has been widely recognized as the key to forecasting future returns on the stock market. Though relatively simple in theory, understanding and making practical use of the equity risk premium concept has been dauntingly complex-until now.

In The Equity Risk Premium, financial advisor, author, and scholar Bradford Cornell makes accessible f...

You easily download any file type for your device.The Equity Risk Premium: The Long-Run Future of the Stock Market (Frontiers in Finance Series)   |  Bradford Cornell. I really enjoyed this book and have already told so many people about it!

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