The Equity Risk Premium in Australia (1900-2014)

Robert J Bianchi; Michael E Drew; Adam N Walk

doi:10.2478/fprj-2016-0004

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The Equity Risk Premium in Australia (1900-2014)

Financial Planning Research Journal

Volume 2 (2016): Issue 1 (December 2016)

By: Robert J Bianchi, Michael E Drew and Adam N Walk

Open Access

|Mar 2024

Abstract

The equity risk premium (ERP) remains one of the most hotly contested ideas in finance. The disagreement, in practical and theoretical terms, centres on how best to measure the risk of an investment, how to convert this risk measure into an expected return that compensates the investor for holding that risk, and its degree of predictability. This paper provides Australian evidence for the period 1900 through 2014.

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Articles in this issue

DOI: https://doi.org/10.2478/fprj-2016-0004 | Journal eISSN: 2206-1355 | Journal ISSN: 2206-1347

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Language: English

Page range: 80 - 99

Submitted on: Mar 23, 2016

Accepted on: Jul 14, 2016

Published on: Mar 18, 2024

Published by: Financial Advice Association of Australia

In partnership with: Paradigm Publishing Services

Publication frequency: 2 issues per year

Keywords:

Equity risk premium,

Australia

Related subjects:

Business and economics,

Political economics,

Economic theory, systems and structures,

Business management,

Business management, other,

Industries,

Banks, financial service provider, insurers

© 2024 Robert J Bianchi, Michael E Drew, Adam N Walk, published by Financial Advice Association of Australia
This work is licensed under the Creative Commons Attribution 4.0 License.

Volume 2 (2016): Issue 1 (December 2016)