Abstract
In this chapter the authors review the performance of global equity markets over the past century to see how equity risk premia varies significantly across countries. Since 1998, the global equity market earned on average 4.97 % per annum in the gross approach, and 4.50 % when adjusted for dividend taxes.
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References
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Dimson, E., Marsh, P., & Staunton, M. (2011). Equity premia around the world. Retrieved November 30, 2015, from SSRN: http://ssrn.com/abstract=1940165 or http://dx.doi.org/10.2139/ssrn.1940165
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Zaremba, A., Shemer, J. (2017). A Short Primer on International Equity Investing. In: Country Asset Allocation. Palgrave Macmillan, New York. https://doi.org/10.1057/978-1-137-59191-3_8
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DOI: https://doi.org/10.1057/978-1-137-59191-3_8
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Publisher Name: Palgrave Macmillan, New York
Print ISBN: 978-1-137-59190-6
Online ISBN: 978-1-137-59191-3
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