Is there an Equity Premium Puzzle in Italy? A Look at Asset Returns, Consumption and Financial Structure Data Over the Last Century.
This paper constructs the series of the real returns on Italian equities, bank and PO deposits and long-term government bonds from 1860 to today.
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Type of publication: | Book / Working Paper
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Notes: | 63 pages |
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Classification: | E40 - Money and Interest Rates. General ; E42 - Monetary Systems; Standards; Regimes; Government and the Monetary System |
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Persistent link: https://www.econbiz.de/10005671393