An exploration of the effect of doubt during disasters on equity premiums

DOI10.1016/J.ECONLET.2014.02.010zbMATH Open1293.91160OpenAlexW2164384626MaRDI QIDQ397923FDOQ397923

Authors: Shiba Suzuki 

Publication date: 12 August 2014

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.econlet.2014.02.010

Recommendations

• An exploration of the effects of pessimism and doubt on asset returns.
• Is there evidence of pessimism and doubt in subjective distributions? Implications for the equity premium puzzle
• Can ambiguity about rare disasters explain equity premium puzzle?
• On Abel's concept of doubt and pessimism
• Labor market search, endogenous disasters and the equity premium puzzle

zbMATH Keywords

disastersequity premium puzzlesubjective expectations

Mathematics Subject Classification ID

Mathematical economics (91B99) Microeconomic theory (price theory and economic markets) (91B24)

Cites Work

• Rare disasters and asset markets in the twentieth century
• An exploration of the effects of pessimism and doubt on asset returns.

Cited In (3)

• Learning about Rare Disasters: Implications For Consumption and Asset Prices*
• Do disaster expectations explain household portfolios?
• Equalization reserves for natural catastrophes and shareholder value: a simulation study

This page was built for publication: An exploration of the effect of doubt during disasters on equity premiums

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q397923)