Epaulard, Anne; Pommeret, Aude - In: Revue d'économie politique 111 (2001) 4, pp. 611-637
The aim of this empirical paper is to measure the equity risk premium on the French financial market (1960-1962), and to evaluate, through both calibration and econometric estimations, whether any change in the assumptions on agents?s preferences may improve the explanation of the large equity...