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

DOI10.1016/J.ECONLET.2014.02.010MaRDI QIDQ397923zbMATH OpenOpenAlexFDO

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

zbMATH Keywords

disastersequity premium puzzlesubjective expectations

Mathematics Subject Classification ID

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

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

Cites work

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

Cited in

(6)

• Macroeconomic disasters and the equity premium puzzle: are emerging countries riskier?
• Labor market search, endogenous disasters and the equity premium puzzle
• Equalization reserves for natural catastrophes and shareholder value: a simulation study
• Learning about Rare Disasters: Implications For Consumption and Asset Prices*
• Do disaster expectations explain household portfolios?
• On the effects of pessimism toward pollution-driven disasters on equity premiums

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)