Articles with "duration premium" as a keyword



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The short duration premium

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Published in 2021 at "Journal of Financial Economics"

DOI: 10.1016/j.jfineco.2021.04.019

Abstract: Abstract Stocks of firms with cash flows concentrated in the short term (i.e., short duration stocks) pay a large premium over long duration stocks. I empirically demonstrate that this premium (i) is long-lived and strong… read more here.

Keywords: premium; duration premium; short duration; duration ... See more keywords