(Fuente: Global Macro Monitor, via Creditwritedowns.com)
Posts Tagged ‘Bonds
11
Oct
11
Paper: Una vuelta por el mundo…
Equity Premia Around the World
Abstract:
We update our global evidence on the long-term realized equity risk premium, relative to both bills and bonds, in 19 different countries. Our study now runs from 1900 to the start of 2011. While there is considerable variation across countries, the realized equity risk premium was substantial everywhere. For our 19-country World index, over the entire 111 years, geometric mean real returns were an annualized 5.5%; the equity premium relative to Treasury bills was an annualized 4.5%; and the equity premium relative to long-term government bonds was an annualized 3.8%. The expected equity premium is lower, around 3% to 3½% on an annualized basis.
Link al Paper
(Fuente: Credit Writedowns)
(Fuente: EconomPic Data)
(Fuente: Global Macro Monitor)
(Fuente Fitch, via FT Alphaville)
En este episodio, Iván y Martin le tratan de explicar la situación Macro y de Mercado (Bonos-CDS) a Gaston. Son 10 minutos de conceptos muy útiles.
Para una mejor visualización, mejor HD.
(Fuente: Bloomberg, via Zero Hedge)
Quantitative Finance Club 