The impact of the introduction of the Euro on the equity risk premium of Italian stocks
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- Title
- The impact of the introduction of the Euro on the equity risk premium of Italian stocks
- Creator
- Arnaldo Bernardo
- Supervisor
- Jacob H. Schmidt.
- Date
- 2016
- Abstract
- The following research is analyzing the impact of the introduction of the Euro on the equity risk premium of Italian stocks. The change of the official currency for a country represents a moment of transition and mystery. Investors are often worried that such events can affect the market and damage the profitability of their assets. This paper investigates whether this type of change had any sort of impact on the Equity market in Italy. The best measure that indicates what is the real margin of profits that investors expect in entering the equity market is the Equity Risk Premium. It has been discovered that similar type of research using the ERP as an analytical measure has already been carried out in the past from other researchers. However, since the financial community does not agree on a single way to compute the ERP, it has been necessary to create a tailored methodology in which the average ERP of the first period is compared with the average ERP of the second period.
- Subject
- Finance
- Extent
- 55 pages : illustrations
- Format
- Publisher
- Regent's University London
- degree
- BAGM Finance
- Language
- English
- Date Issued
- 2016
- Type
- Report
- Rights Holder
- Regent's University London & Arnaldo Bernardo
- Item sets
- Theses or Dissertation