报告人:崔佳佳博士
报告时间: 9月6日(星期四)下午4:30
报告地点: 鱼虾蟹游戏
二楼南阶梯教室
报告摘要:
The bond risk premium (BRP) is the ex-ante excess return of a default-free long-term bond over holding a sequence of short-term bond, or loosely speaking, the required reward for duration extension. Expected returns are the most important input into investment decisions. Many investors determine their expectations for returns on investment in highly subjective ways, based on discretionary views. This talk is going through 4 different measures on BRP.