search query: @author Longstaff, F. A. / total: 9
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| Author: | Longstaff, F. A. Piazzesi, M. |
| Title: | Corporate earnings and the equity premium |
| Journal: | Journal of Financial Economics
2004 : DEC, VOL. 74:3, p. 401-421 |
| Index terms: | Corporate finance Corporate earnings |
| Language: | eng |
| Abstract: | This article discusses the asset pricing implications of the sensitivity of corporate cash flows to economic shocks. The writers provide closed-form solutions for stock values and show that the equity premium can presented as the sum of different components. |
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