Pessimism as a contributory factor in equity premium puzzle : France and Germany

• المؤلفون الرئيسيون: Lim, Joey Zu Er, Cheng, Johann Wei Yang
• مؤلفون آخرون: Kang Minwook
• التنسيق: Final Year Project
• اللغة: English
• منشور في: Nanyang Technological University 2021
• الموضوعات: Social sciences::Economic theory
• الوصول للمادة أونلاين: https://hdl.handle.net/10356/152968

Abel (2002) revealed that with pessimism, the objective expectation is greater than the expectations of the consumers, thus conferring to a possible solution to the equity premium puzzle of Mehra and Prescott (1985). In this research study, we will focus on examining two countries belonging to the E...