The papers presented at this conferences will appear in:

Handbook of Investments: Equity Risk Premium
Edited by
Rajnish Mehra
Published by Elsevier B.V 2006


Contents:

Rajnish Mehra (UCSB), Introduction

Andy Abel (Wharton), Equity Premia with Benchmark Levels of Consumption, Leverage, Imperfect Correlation of Consumption and Dividends, and Distorted Beliefs: Closed-Form Results

Ravi Bansal (Duke), Risk Compensation in Equity Markets

Nicholas Barberis (Yale) and Ming Huang (Cornell), The Loss Aversion/ Narrow Framing Approach to the Equity Premium Puzzle

John Cochrane (Chicago), Financial Markets and the Real Economy

George Constantinides (Chicago), Understanding the Equity Risk Premium Puzzle

Gurdip Bakshi (Maryland) and Zhiwu Chen (Yale), Cash Flow Risk, Discounting Risk, and the Equity Premium Puzzle

Elroy Dimson (London Business School), Paul Marsh (London Business School), and Mike Staunton (London Business School), Global Evidence on the Equity Risk Premium

William Goetzmann (Yale) and Roger Ibbotson (Yale), History and the Equity Risk Premium

John Heaton (Chicago) and Debbie Lucas (Kellogg Northwestern), Can Heterogeneity, Undiversifiable Risk, and Trading Frictions Explain the Equity Premium?

Rajnish Mehra (UCSB), The Equity Premium: What Have We Learned in 20 years?

Rajnish Mehra (UCSB) and Edward C. Prescott (Arizona State/Federal Reserve Bank of Minneapolis), Physical and Intangible Assets, Taxes, and the Value of the Stock Market

Kjetil Storesletten (U Oslo), Chris Telmer (Carnegie Mellon University) and Amir Yaron (Wharton), Asset Prices and Intergenerational Risk Sharing: the Role of Idiosyncratic Earnings Shocks