the equity risk premium (hereinafter, ERP). In addition, this paper examines the length of time that stock market …

world. We show that even in this market exposure to liquidity risk commands a non-trivial risk premium of up to 3.6% per … significantly correlated. This lends support to a liquidity-based explanation of the carry trade risk premium. To illustrate this …

the certainty equivalent method and for the risk premium method. In a concrete and valuation example, the simulation … transfer to concrete valuation cases in practice. It is shown that the certainty equivalent method and the risk premium method …

under the expected utility theory (EUT) are somewhat subject to context. Other findings imply that the risk premium (RP), as …

risk premium return. We also record the t-statistic and R2 of the model. We note that T-statistics of 1.65 are … forecasting risk premium and could benefit from additional indicators or macro fundamentals. Originality/value: This is the first … paper to use Ichimoku Cloud in the risk premium forecast framework. …