Impact of Pessimism on Equity Premiums
The study explores how investors' negative views on pollution-related disasters can result in increased equity premiums, even when the rate of substitution over time is marginally less than 1.
Featured in No. 53 on 12 Jun 2024 · 26 days after release
- Released
- 17 May 2024
- First featured
- No. 53 · 12 Jun 2024
- Published in
- Not yet, as far as Semantic Scholar knows
- Shares when featured
- 2
- Identifier
- SSRN 4856978
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