What Risk Premium Is “Normal”?
By Robert D. Arnott, P. Bernstein. 2002
274 citations recorded by the source corpus.
Subfields: Accounting, Economics and Econometrics, Finance
View Paper: https://www.semanticscholar.org/paper/f80239880e141bec1225e1296822e9394eb41f33
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Accounting
- Clifford S. Asness
- P. Bostock
- Campbell R. Harvey
- Robert D. Arnott
- Claude B. Erb
- John R. Graham
- Malcolm Baker
- Nemit Shroff
In Economics and Econometrics
- Clifford S. Asness
- P. Bostock
- Campbell R. Harvey
- Robert D. Arnott
- Joëlle Miffre
- Lasse Heje Pedersen
- Geert Bekaert
- W. Kang
In Finance
- Campbell R. Harvey
- Clifford S. Asness
- P. Bostock
- Robert D. Arnott
- Claude B. Erb
- Geert Bekaert
- Lasse Heje Pedersen
- Joëlle Miffre
Citations in the corpus
- The Strategic and Tactical Value of Commodity Futures (2006, background): “For instance, Arnott and Bernstein (2002) pointed out that the past high excess returns for U.S. equities do not prove that the forwardlooking equity risk premium is high.”
- Surprise! Higher Dividends = Higher Earnings Growth (2003, background): “Many authors and observers (e.g., Shiller 2000; Arnott and Ryan 2001; Arnott and Bernstein 2002; Asness 2000a) have noted that the high prices of equities today, coupled with a historically reasonable estimate of future earnings growth, have led to low estimates of future real returns and of the…”
- The Equity Premium (2004, background): “Wilkie [1995], Arnott and Bernstein [2002], and Hunt and Hoisington [2003] discuss inflation further.”