Chapter
Licensed
Unlicensed
Requires Authentication
Chapter 17. Our global database
You are currently not able to access this content.
You are currently not able to access this content.
Chapters in this book
- Frontmatter i
- Contents vii
- Preface xi
-
PART ONE: 101 years of global investment returns
- Chapter 1. Introduction and overview 3
- Chapter 2. World markets: today and yesterday 11
- Chapter 3. Measuring long-term returns 34
- Chapter 4. International capital market history 45
- Chapter 5. Inflation, interest rates, and bill returns 63
- Chapter 6. Bond returns 74
- Chapter 7. Exchange rates and common-currency returns 91
- Chapter 8. International investment 105
- Chapter 9. Size effects and seasonality in stock returns 124
- Chapter 10. Value and growth in stock returns 139
- Chapter 11. Equity dividends 149
- Chapter 12. The equity risk premium 163
- Chapter 13. The prospective risk premium 176
- Chapter 14. Implications for investors 195
- Chapter 15. Implications for companies 211
- Chapter 16. Conclusion 220
-
PART TWO: Sixteen countries, one world
- Chapter 17. Our global database 227
- Chapter 18. Australia 229
- Chapter 19. Belgium 234
- Chapter 20. Canada 239
- Chapter 21. Denmark 244
- Chapter 22. France 249
- Chapter 23. Germany 254
- Chapter 24. Ireland 259
- Chapter 25. Italy 264
- Chapter 26. Japan 269
- Chapter 27. Netherlands 274
- Chapter 28. South Africa 279
- Chapter 29. Spain 284
- Chapter 30. Sweden 289
- Chapter 31. Switzerland 294
- Chapter 32. United Kingdom 299
- Chapter 33. United States 306
- Chapter 34. World 311
- References 316
- About the Authors 331
- Index 333
Chapters in this book
- Frontmatter i
- Contents vii
- Preface xi
-
PART ONE: 101 years of global investment returns
- Chapter 1. Introduction and overview 3
- Chapter 2. World markets: today and yesterday 11
- Chapter 3. Measuring long-term returns 34
- Chapter 4. International capital market history 45
- Chapter 5. Inflation, interest rates, and bill returns 63
- Chapter 6. Bond returns 74
- Chapter 7. Exchange rates and common-currency returns 91
- Chapter 8. International investment 105
- Chapter 9. Size effects and seasonality in stock returns 124
- Chapter 10. Value and growth in stock returns 139
- Chapter 11. Equity dividends 149
- Chapter 12. The equity risk premium 163
- Chapter 13. The prospective risk premium 176
- Chapter 14. Implications for investors 195
- Chapter 15. Implications for companies 211
- Chapter 16. Conclusion 220
-
PART TWO: Sixteen countries, one world
- Chapter 17. Our global database 227
- Chapter 18. Australia 229
- Chapter 19. Belgium 234
- Chapter 20. Canada 239
- Chapter 21. Denmark 244
- Chapter 22. France 249
- Chapter 23. Germany 254
- Chapter 24. Ireland 259
- Chapter 25. Italy 264
- Chapter 26. Japan 269
- Chapter 27. Netherlands 274
- Chapter 28. South Africa 279
- Chapter 29. Spain 284
- Chapter 30. Sweden 289
- Chapter 31. Switzerland 294
- Chapter 32. United Kingdom 299
- Chapter 33. United States 306
- Chapter 34. World 311
- References 316
- About the Authors 331
- Index 333