Skip navigation
Skip navigation

An analysis of some issues in asset price behaviour

Pavlov, Vladimir


The equity premium puzzle, described by Mehra and Prescott in 1985, has baffled financial economists for almost two decades and still lacks a satisfactory resolution. For an area of economics, whose main focus is on measuring risks and rewards for risk taking, not being able to explain the difference in expected returns between two major classes of financial assets - equity and bonds - is a major challenge. We examine some of the issues associated with the equity premium and related puzzles....[Show more]

CollectionsOpen Access Theses
Date published: 2003
Type: Thesis (PhD)
DOI: 10.25911/5d7a27a4e4a88


File Description SizeFormat Image
Pavlov-front.pdffront pages231.93 kBAdobe PDFThumbnail
Pavlov-whole.pdfwhole thesis5.26 MBAdobe PDFThumbnail

Items in Open Research are protected by copyright, with all rights reserved, unless otherwise indicated.

Updated:  19 May 2020/ Responsible Officer:  University Librarian/ Page Contact:  Library Systems & Web Coordinator