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Title
Effects of risk premia falling below sustainable levels in the US.
Abstract
The article focuses on the impact of the rise in risk premia on the private sector investment in the U.S. It states that risk premia has hampered the U.S. private sector's investment through the user cost of capital. The author notes that while equity risk premia have sharply declined from the peak reached in the first quarter of 2009, business investment is projected to recover in 2010, with a yearly growth of 1.75 percent.