The U.S. Equity Return Premium: Past, Present, and Future
We have a new draft of J. Bradford DeLong and Konstantin Magin (forthcoming), "The U.S. Equity Return Premium: Past, Present, and Future," Journal of Economic Perspectives: http://delong.typepad.com/pdf/20070412_JEP_EP.pdf
It's good. It's not great yet. But we hope to make it great...
