Value Premium and Country Risk as Dimensions to Estimate Conditional Returns: a Study of the Brazilian Market
Asset pricing is a widely explored theme in the financial literature. Nevertheless, the phenomenon of value premium is still controversial, since although easily detected in developed and emerging markets, little is know about the economic forces that explain its existence. In this context, this art...
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Main Authors: | Lilian de Castro Medeiros, Aureliano Angel Bressan |
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Format: | Article |
Language: | English |
Published: |
FUCAPE Business School
2015-01-01
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Series: | BBR: Brazilian Business Review |
Subjects: | |
Online Access: | http://www.redalyc.org/articulo.oa?id=123041057004 |
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