equity risk premium

This paper will study the Chinese equity risk premium .

为此，本文将研究中国股权风险溢价问题。

Determination of Equity Risk Premium in An Inefficient Market : Based on Input-output Analysis

非有效市场股权风险溢价的确定&基于投入产出分析

Enlightenment of Equity Risk Premium of A - shares

A股市场股权风险溢价的历史及启示

Theoretically , there is a kind of relationship between equity risk premium and the term structure of interest rates .

理论上来讲，利率期限结构与股权溢价二者之间是相互联系的。

Equity risk premium the extra return that the stock market provides over the risk free rate to compensate for market risk .

股票风险溢价股票市场为弥补市场风险，相对无风险率的额外回报。

Also , we discuss the methods to calculate thenon - risk interest rate , the sovereign risk premium and the equity risk premium .

文中对无风险利率的选取、国家风险补偿及资产风险溢价的计算提出了见解。

The difference between the return rate on stock and the return rate on the risk-free securities is equity risk premium Rm-Rf .

股票收益率与无风险债券收益率之间的差被称为股权风险溢价（Rm&Rf）。

This article first analyzes the emergence of equity risk premium and its theoretical explanation . Then , it discusses relating problems when calculating Chinese equity risk premium .

本文首先分析了股权风险溢价的产生以及理论解释，然后在此基础上讨论了测算中国股权风险溢价时应该注意的问题。

He argued that the two capital sources were becoming less risk averse , which is ultimately likely to reduce the equity risk premium and therefore push up valuations again .

他认为，这两个资金来源的风险厌恶程度正在变低，最终可能降低股票的风险溢价，从而再次推高估值。

Consider a simple company growing sales at 3 per cent , making free cash flow of $ 4m with an equity risk premium of 5 per cent , a beta of 1 , and no debt .

想象这样一家简单的公司：其销售额增长为3%，自由现金流为400万美元，股票风险溢价为5%，贝塔系数为1，而且无债务。

Our research into the " equity risk premium " suggests that markets may be assigning a non-trivial probability to a " disaster scenario " for GDP as a result of " Euro tail risk " .

我们对“股票风险溢价”的研究似乎表明，由于“欧元尾部风险”，市场可能正给gdp“灾难情形”赋予并非微不足道的几率。

The average valuation of the US stock market corresponds to a real return of 6 ? - 7 per cent , which implies an " equity risk premium " a margin of return over risk-free government bonds of about 4 percentage points .

美国股市平均估值显示的实际回报率为6.5%至7%，这意味着大约4个百分点的“股票风险溢价”回报率与无风险政府债券收益率之差。

Michael Kurtz , Asia strategist and head of global equity strategy at Nomura in Hong Kong , points out that the equity risk premium , which measures the return offered by stocks compared with less-risky assets such as Treasurys , is far higher than its long-term average .

野村（Nomura）驻香港亚洲策略师、全球股票策略主管库尔茨（MichaelKurtz）指出，股权风险溢价目前远高于长期均值。股权风险溢价是股票收益率与国债等风险较低的资产收益率的差额。