دانلود کتاب 2016 SBBI Yearbook: Stocks, Bonds, Bills, and Inflation

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Content: 2016 SBBI Yearbook: Stocks, Bonds, Bills, and Inflation
About the Data
About Duff & Phelps
Additional Resources
Table of Contents
Acknowledgements
Introduction
Chapter 1: Results of U.S. Capital Markets in 2015 and in the Past Decade
Large-Cap Stocks
Small-Cap Stocks
Long-term Corporate Bonds
Long-term Government Bonds
Intermediate-term Government Bonds
Treasury Bills
Inflation
A Graphic View of the Decade
The Decade in Perspective
Market Results for 2006-2015
Chapter 2: The Long-Run Perspective
Stocks, Bonds, Bills, and Inflation: Historical Returns. Logarithmic Scale Used on the Index GraphsLarge-Cap Stocks
Small-Cap Stocks
Long-term Corporate Bonds
Long-term Government Bonds
Intermediate-term Government Bonds
Treasury Bills
Patterns in Treasury Bill Returns
Federal Reserve Operating Procedure Changes
Inflation
Summary Statistics of Total Returns
Appreciation, Income, and Reinvestment Returns
Annual Total Returns
Rolling-Period Returns
Portfolio Performance
Rolling Period Portfolio Returns
Summary Statistics of Portfolio Total Returns
Real Estate Investment Trusts (REITs)
Historical Returns on Equity REITs. Income Returns on Equity REITsCorrelation of U.S. REITs Compared to Other U.S. Asset Classes
Summary Statistics for Equity REITs and Basic Series
Chapter 3: Description of the Basic Series
Large-Cap Stocks
Total Returns
Capital Appreciation Return
Income Return
Small-Cap Stocks
DFA U.S. Micro Cap Portfolio (April 2001-December 2015)
DFA U.S. 9-10 Small Company Portfolio (January 1982-March 2001)
NYSE Fifth Quintile Returns (1926-1981)
Long-term Corporate Bonds
Total Returns
Long-term Government Bonds
Total Returns
Income Return
Capital Appreciation or Return in Excess of Yield. YieldsIntermediate-term Government Bonds
Total Returns
Income Return and Capital Appreciation
Yields
U.S. Treasury Bills
Total Returns
Negative Returns on Treasury Bills
Inflation
Inflation
Bond Capital Appreciation Despite Rising Yields
Convexity
Bond Substitution
Other Issues
Chapter 4: Description of the Derived Series
Derived Series Calculated Using Geometric Differences
Definitions of the Derived Series
Two Categories of Derived Series
Equity Risk Premium
Small-Stock Premium
Bond Default Premium
Components of the Default Premium. Callability Risk Is Captured in the Default PremiumBond Horizon Premium
Determining the Bond Premium: Maturity vs. Duration
Why a "Horizon" Premium?
Large-Cap Stock Real Returns
Construction
Small-Cap Stock Real Returns
Construction
Long-term Corporate Bond Returns
Construction
Long-term Government Bond Real Returns
Construction
Intermediate-term Government Bond Real Returns
Construction
Real Riskless Rates of Return (U.S. T-Bill Real Returns)
Construction
Returns on the Derived Series
Chapter 5: Annual Returns and Indexes
Annual and Monthly Returns.