Research Discussion Paper – RDP 9802 Systematic Risk Characteristics of Corporate Equity


The views expressed herein are those of the author and do not necessarily reflect those of the Reserve Bank of Australia. The paper has benefited from discussions with Alexandra Heath, Marc Henry, Louise Keely, Philip Lowe, Henry Overman, Gleb Sandmann and David Webb and I am grateful to the Financial Markets Group for facilitating this research which forms part of my Ph.D. thesis at the London School of Economics and Political Science.