What is the Equity Premium?

How do we value risk in investments? One tool is the equity premium, but it cause headaches for academics because, in practice, this premium is far too high. Professor Jagjit Chadha , The Gresham Professor of Commerce, introduces key concepts ahead of his lecture on the equity premium this year.

Jagjit Chadha

Professor Jagjit Chadha

Mercers’ School Memorial Professor of Business

Jagjit Chadha was the Mercers’ School Memorial Professor of Commerce at Gresham College from 2014-2018.

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