Mehra and Prescott (1985) equity premium puzzle
Mehra and Prescott (1985) equity premium puzzle
Would any RATS user have the codes to replicate Mehra and Prescott (1985) "The equity premium: a puzzle", Journal of Monetary Economics 15, 145-161.
Re: Mehra and Prescott (1985) equity premium puzzle
Do you have a specific question about that? It's basically just algebra.