Expected Value Premium Principle Pada Data Reasuransi
نویسندگان
چکیده
منابع مشابه
The expected value premium
Fama and French [2002. The equity premium. Journal of Finance 57, 637–659] estimate the equity premium using dividend growth rates to measure expected rates of capital gain. We apply their method to study the value premium. From 1945 to 2005, the expected value premium is on average 6.1% per annum, consisting of an expected dividend growth component of 4.4% and an expected dividend price ratio ...
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The Size Effect is the tendency for small firms to earn higher returns than large corporations. We find for the UK this effect is expected in the sense that small firms on average have higher fundamental growth than large corporations. Our analysis suggests that the magnitude of the expected size effect has declined for recent decades. There is some evidence the decline in expected size effect ...
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This paper revisits the time-series relation between the conditional risk premium and variance of the equity market portfolio. The main innovation is that we construct a measure of the ex ante equity market risk premium using corporate bond yield spread data. This measure is forward-looking and does not rely critically on either realized equity returns or instrumental variables. We find strong ...
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ژورنال
عنوان ژورنال: Unisda Journal of Mathematics and Computer Science (UJMC)
سال: 2020
ISSN: 2579-907X,2460-3333
DOI: 10.52166/ujmc.v6i2.2116