# Professor Aswath Damodaran's work on equity risk premiums is referenced

1 Faculty News August 10, 2017 ![The Economist logo](/sites/default/files/styles/246w/public/assets/images/uat_025662.jpg?itok=1_MW1PTy)>

Excerpt from [The Economist](https://www.economist.com/news/business/21726079-part-problem-lack-competition-some-industries-mistrust-america-could-sink) -- "The equity-risk premium, or the annual excess return that investors demand to hold shares rather than bonds, is 5.03 points, against a pre-crisis average of 3.45 points, notes [Aswath Damodaran](http://www.stern.nyu.edu/faculty/bio/aswath-damodaran) of the Stern School of Business at NYU."

[Read more](https://www.economist.com/news/business/21726079-part-problem-lack-competition-some-industries-mistrust-america-could-sink)