Triumph of the Optimists: 101 Years of Global Investment Returns Princeton
By E. Dimson, P. Marsh, M. Staunton. 2002
655 citations recorded by the source corpus.
Subfields: Accounting, Economics and Econometrics, Finance
View Paper: https://www.semanticscholar.org/paper/7d412cc0063f8cbd7a8600252b5ae86bd17bf0e1
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Accounting
- Roman Kräussl
- Stefano Nobili
- Gerardo Palazzo
- William T. Ziemba
- Allan G. Timmermann
- Youchang Wu
- Alan Marcus
- Arthur Korteweg
In Economics and Econometrics
- Allan G. Timmermann
- Davide Pettenuzzo
- Arthur Korteweg
- Roman Kräussl
- Stefano Nobili
- Gerardo Palazzo
- William T. Ziemba
- Thomas Dangl
In Finance
- Allan G. Timmermann
- Davide Pettenuzzo
- Arthur Korteweg
- Roman Kräussl
- Stefano Nobili
- Eric Jacquier
- Gerardo Palazzo
- William T. Ziemba
Citations in the corpus
- Does it Pay to Invest in Art? A Selection-Corrected Returns Perspective (2013, background): “…that did not.23 Table 4 also shows descriptive statistics of returns of a broad portfolio of global equities (the total return on global equities from Dimson, Marsh, and Staunton, 2002)24, corporate bonds (the Dow Jones corporate bond return index), commodities (the World Bank Global Economic…”
- The dividend-price ratio does predict dividend growth: International evidence (2009, neutral): “Dimson et al. (2002) contains stock returns over a 100 year period for 16 countries.”
- Explaining and Forecasting Bond Risk Premiums (2010, methodology): “In our study, we used the essentially affine threefactor model estimated by Duffee (2002), Dai and Singleton (2002), Duarte (2004), and Kim and Orphanides (2005).”
- Market Discipline and Internal Governance in the Mutual Fund Industry (2008, background): “According to Dimson, Marsh, and Staunton (2002), the annual return on US government bonds over the period 1900 to 2001 was 4.8%, and the US equity return over the same period was 10.1%.”
- Is Size Dead? A Review of the Size Effect in Equity Returns (2011, neutral): “Dimson, Marsh, and Staunton (2002) employ large-cap and small-cap indices by Independence International Associates and FTSE International in order to get a crude indication of the sign and magnitude of the size effect in international equity markets.”
- Predictability of stock returns and asset allocation under structural breaks (2011, background): “the effect of not knowing the true model parameters (Kandel and Stambaugh (1996) and Barberis (2000)).”
- The Worldwide Equity Premium: A Smaller Puzzle (2006, neutral): “Dimson, Marsh, and Staunton (2002) identify the most widely cited prior data source for each of 16 countries and show that equity returns over the periods covered are higher than the 1900–2000 returns from the DMS database by an average of 3% per year.”
- Geometric or Arithmetic Mean: A Reconsideration (2003, background): “For example, Dimson, Marsh, and Staunton (2002) showed that extending U.S. data to pre-1926 historical periods reduces historical average returns.”