The Equity Premium and Low Interest Rates

What kinds of returns should we expect from risky stocks and shares (equities)? Should equities yield a high return relative to short term risk-free instruments? Do they still do so in the post-crisis world? For what reasons might investors demand such a premium? What do these high returns tell us about investor risk aversion?

This is a free public lecture by Jagjit Chadha, Gresham Professor of Commerce.

There is no need to book in advance for this lecture. It runs on a first come first served basis.