How Do Stock Market Development and Competitiveness Affect Equity Risk Premium? Implications from World Economies
Purpose: This paper examines the interrelatedness between countries’ stock market development and competitiveness and the equity risk premium (<i>hereinafter</i>, ERP). In addition, this paper examines the length of time that stock market development takes to have an impact of ERP. The r...
Main Authors: | , , , |
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Format: | Article |
Language: | English |
Published: |
MDPI AG
2023-02-01
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Series: | International Journal of Financial Studies |
Subjects: | |
Online Access: | https://www.mdpi.com/2227-7072/11/1/30 |