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Original Articles

Some international evidence on the ‘equity premium’

Pages 599-602 | Received 20 Jun 1996, Published online: 02 Nov 2006

References

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  • Firth , M. 1979 . The relationship between stock market returns and rates of inflation . Journal of Finance , : 743 – 49 . June
  • Fukao, M. (1993) International integration of financial markets and the cost of capital, OECD Economics Department Working Papers, no.128, Paris.
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  • Orr, A. Edey, M. and Kennedy, M. (1995) The determinants of real long-term interest rates: 17 Country pooled-time-series evidence, OECD Economics Department Working Papers, no. 155, Paris.
  • Shiller , R.J. and Beltratti , A.E. 1992 . Stock prices and bond yields: can their comovements be explained in terms of present value models? . Journal of Monetary Economics , 30 ( 1 ) : 25 – 46 .
  • Solnik , B. 1983 . The relation between stock prices and inflationary expectations: the international evidence . Journal of Finance , : 35 – 65 .

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