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Equity premium puzzle — The equity premium puzzle is a term coined by economists Rajnish Mehra and Edward C. Prescott. It is based on the observation that in order to reconcile the much higher return on equity stock compared to government bonds in the United States,… … Wikipedia
Rajnish Mehra — Infobox Scientist name = Rajnish Mehra caption = birth date = birth place = death date = death place = residence = U.S. nationality = U.S. field = Economics work institution = London Business SchoolUC Santa BarbaraNBER alma mater = IIT… … Wikipedia
