The Present Value of Corporate Profits : A Forecasters' Survey Perspective /

This paper presents and discusses the estimates of the present value of corporate profits in the United States from 1984 to 2018. To value the expected income stream, it uses the long-range forecasts of professional forecasters for pre-tax corporate earnings and long-term Treasury note yields, sourc...

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Dettagli Bibliografici
Autore principale: Andrle, Michal
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2019.
Serie:IMF Working Papers; Working Paper ; No. 2019/012
Accesso online:Full text available on IMF