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Public Investment and the Risk Premium for Equity

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dc.contributor.authorGrant, Simon
dc.contributor.authorQuiggin, John
dc.date.accessioned2015-12-13T22:36:33Z
dc.date.available2015-12-13T22:36:33Z
dc.date.issued2003
dc.date.updated2015-12-11T09:32:24Z
dc.description.abstractAnalysis of the equity premium puzzle has focused on private-sector capital markets. However, the existence of an anomalous equity premium raises important issues in the evaluation of public-sector investment projects. These issues are explored below. We
dc.identifier.issn0013-0427
dc.identifier.urihttp://hdl.handle.net/1885/76817
dc.publisherBlackwell Publishing Ltd
dc.sourceEconomica
dc.subjectKeywords: capital market; equity; investment; risk factor
dc.titlePublic Investment and the Risk Premium for Equity
dc.typeJournal article
local.bibliographicCitation.lastpage18
local.bibliographicCitation.startpage1
local.contributor.affiliationGrant, Simon, Tilburg University
local.contributor.affiliationQuiggin, John, College of Business and Economics, ANU
local.contributor.authoruidQuiggin, John, u8402671
local.description.notesImported from ARIES
local.description.refereedYes
local.identifier.absfor140215 - Public Economics- Taxation and Revenue
local.identifier.ariespublicationMigratedxPub5608
local.identifier.citationvolume70
local.identifier.doi10.1111/1468-0335.t01-1-00268
local.identifier.scopusID2-s2.0-0037319945
local.type.statusPublished Version

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