The Declining Equity Premium: What Role Does Macroeconomic Risk Play?

• DOI: 10.1093/rfs/hhm020
• Publication Date: 2008-08-05T16:18:24Z
• Authors: Martin Lettau; Sydney C. Ludvigson; Jessica A. Wachter
• Keywords: Equity; Equity premium puzzle

Journal Article The Declining Equity Premium: What Role Does Macroeconomic Risk Play? Get access Martin Lettau, Lettau Search for other works by this author on: Oxford Academic Google Scholar Sydney C. Ludvigson, Ludvigson Jessica A. Wachter Review of Financial Studies, Volume 21, Issue 4, July 2008, Pages 1653–1687, https://doi.org/10.1093/rfs/hhm020 Published: 12 April 2007