haku: @author Longstaff, F. A. / yhteensä: 9
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| Tekijä: | Longstaff, F. A. Piazzesi, M. |
| Otsikko: | Corporate earnings and the equity premium |
| Lehti: | Journal of Financial Economics
2004 : DEC, VOL. 74:3, p. 401-421 |
| Asiasana: | Corporate finance Corporate earnings |
| Kieli: | eng |
| Tiivistelmä: | 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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