Dividend sensitivity to economic factors, stock valuation, and long-run risk
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DOI: 10.1016/j.frl.2013.07.004
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- Claude Bergeron, 2019. "Recursive preferences, long-run risks, and stock valuation," Economics Bulletin, AccessEcon, vol. 39(2), pages 996-1004.
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More about this item
Keywords
Multifactor model; Intertemporal model; Stock valuation; CCAPM; Long-run risk;All these keywords.
JEL classification:
- D91 - Microeconomics - - Micro-Based Behavioral Economics - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making
- G12 - Financial Economics - - General Financial Markets - - - Asset Pricing; Trading Volume; Bond Interest Rates
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