Publication

2002 - Princeton University Press

Language

English

Word Count

80,000 words, Guess

Page Count

320 pages

Physical Format

Hardcover

Identifiers

and 5 more
  • Goodreads243456
  • Library of Congress Control Number2001095814
  • OCLC Control Number48834708
  • Better World Books9780691091945
  • Open LibraryOL7758185M

Classifications

  • LCCHG4516.D5 2002
  • LCCHG4516 .D5 2002

Description

Presents an analysis of investment returns for equities, bonds, bills, currencies, and inflation, spanning sixteen countries from the end of the nineteenth century to the beginning of the twenty-first. Includes analysis of total returns, including reinvested income. Provides evidence on long-term equity risk premium: the reward for bearing the risk of common stocks. Ilustrates the analysis with diagrams and tables.

First Sentence

The year 2001 was scarred by terrorism, and financial markets were beset by turmoil.

Subjects

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