Consumption, dividends, and the cross section of equity returns

Article Abstract:

A study examining the correlation between aggregate consumption risks of discounted cash flows, and variation in risk premia attached by the market on book value of shares is presented. As market attaches considerable importance to cash flows, it becomes a very important factor for assessing the equity returns expected from a cross section of assets.

Stocks, Stock prices, Return on investment, Rate of return, Discounted cash flow

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Idiosyncratic consumption risk and the cross section of asset returns

Article Abstract:

A study on consumption based-asset pricing is presented. Comparison with capital asset pricing model is also presented. The study also examines the impact of idiosyncratic consumption risk.

Market information - general, Commodity & service prices, Asset Accounting, Prices and rates, Supply and demand, Assets (Accounting), Company pricing policy

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Risks for the long run: a potential resolution of asset pricing puzzles

Article Abstract:

A model to predict the uncertainty in financial market is presented. This model can predict the risks involved in equity prices for the long-run.

Forecasts, trends, outlooks, Usage, Forecasts and trends, Market trend/market analysis, Financial markets, Equity (Finance)

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