Understanding the Equity Premium Puzzle
Speaker(s): Professor George Constantinides
Recorded on 13 March 2007 in Old Theatre, Old Building.
Professor Constantanides is one of the most prominent and creative research scholars in the field of financial economics, in particular of theories of asset and derivatives pricing. He will present theoretical and empirical research on three classes of generalizations of the standard neoclassical model and will discuss their contribution towards a better understanding of equity risk premium.