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The Equity Premium and the Government Cost of Capital: A Response to Neville Hathaway

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  • John Quiggin

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  • John Quiggin, 1997. "The Equity Premium and the Government Cost of Capital: A Response to Neville Hathaway," Agenda - A Journal of Policy Analysis and Reform, Australian National University, College of Business and Economics, School of Economics, vol. 4(4), pages 475-485.
    • Handle: RePEc:acb:agenda:v:4:y:1997:i:4:p:475-485
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    File URL: http://press-files.anu.edu.au/downloads/press/p106321/pdf/article08.pdf
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    References listed on IDEAS

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    1. Mehra, Rajnish & Prescott, Edward C., 1985. "The equity premium: A puzzle," Journal of Monetary Economics, Elsevier, vol. 15(2), pages 145-161, March.
    2. Feldstein, Martin & Horioka, Charles, 1980. "Domestic Saving and International Capital Flows," Economic Journal, Royal Economic Society, vol. 90(358), pages 314-329, June.
    3. Keith Trace, 1995. "‘You Couldn’t Give It Away’: Privatising the Australian National Line," Agenda - A Journal of Policy Analysis and Reform, Australian National University, College of Business and Economics, School of Economics, vol. 2(4), pages 433-444.
    4. Narayana R. Kocherlakota, 1996. "The Equity Premium: It's Still a Puzzle," Journal of Economic Literature, American Economic Association, vol. 34(1), pages 42-71, March.
    5. John Quiggin, 1994. "The Fiscal Gains from Contracting Out: Transfers or Efficiency Improvements," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 27(3), pages 97-102, July.
    6. George A. Akerlof, 1970. "The Market for "Lemons": Quality Uncertainty and the Market Mechanism," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 84(3), pages 488-500.
    7. Stephen A. Marglin, 1963. "The Opportunity Costs of Public Investment," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 77(2), pages 274-289.
    8. Domberger, S & Meadowcroft, S & Thompson, D J, 1986. "Competitive tendering and efficiency: the case of refuse collection," Fiscal Studies, Institute for Fiscal Studies, vol. 7(4), pages 69-87, November.
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    Cited by:

    1. R. Richard Geddes, 2020. "Comment on "A Fair Value Approach to Valuing Public Infrastructure Projects and the Risk Transfer in Public Private Partnerships"," NBER Chapters, in: Economic Analysis and Infrastructure Investment, pages 403-407, National Bureau of Economic Research, Inc.
    2. John Quiggin, 2001. "Market-Oriented Reform in the Australian Electricity Industry," The Economic and Labour Relations Review, , vol. 12(1), pages 126-150, June.
    3. António Manuel Amaral & Paulo Louro & Carla Mota & João Cristovão, 2010. "Assessing the cost of capital for USPs in Europe: a practical approach," Chapters, in: Michael A. Crew & Paul R. Kleindorfer (ed.), Heightening Competition in the Postal and Delivery Sector, chapter 23, Edward Elgar Publishing.

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