The Global Equity Premium Revisited: What Human Rights Imply for Assets' Purchasing Power

Jedrzej Bialkowski    Jedrzej Bialkowski, Ehud I. Ronn
18 Sep 2016
Categories: General Market Analysis, Financial Analysis, Private Wealth Management, Ethics, Equity Investments

Country or region: Asia Pacific (Overall)

Summary:
In this paper, we argue that past computations equity risk premium did not properly account for the financial implications of political collapse on property/civil/human rights. Accordingly, we show that past calculations overstated the equity risk premium. We provide an estimate of the equity risk premium that is corrected for lack ......


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