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The book offers a groundbreaking empirical analysis of global capital markets throughout the twentieth century, uniquely calculating the long-term equity premium for numerous countries. It stands out as a significant scholarly contribution, engaging with the ongoing debate about the equity premium's magnitude and promising to make a notable impact in the field of finance.
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Triumph of the Optimists, Elroy Dimson, Paul Marsh, Mike Staunton
- Language
- Released
- 2002
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- (Hardcover)
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- Title
- Triumph of the Optimists
- Subtitle
- 101 Years of Global Investment Returns
- Language
- English
- Authors
- Elroy Dimson, Paul Marsh, Mike Staunton
- Publisher
- Princeton University Press
- Released
- 2002
- Format
- Hardcover
- Pages
- 352
- ISBN13
- 9780691091945
- Category
- Business and Economics
- Description
- The book offers a groundbreaking empirical analysis of global capital markets throughout the twentieth century, uniquely calculating the long-term equity premium for numerous countries. It stands out as a significant scholarly contribution, engaging with the ongoing debate about the equity premium's magnitude and promising to make a notable impact in the field of finance.