Skip to main content

Advertisement

Table 1 Estimations of parameters in models SDY, SEY, and MSEY

From: A study of dividend yield model under stochastic earning yield environment in stock exchange of Thailand

Parameter SDY SEY MSEY
\(\hat{\theta }_{\gamma }\) 0.09061 0.08967 0.08967
\(\hat{\theta }_{\gamma \vartheta }\) 1.22529 1.22529
\(\hat{\theta }_{\vartheta \gamma }\) 0.00056
\(\hat{\theta }_{\vartheta }\) 0.26591 0.26543
\(\hat{\mu }_{\gamma }\) 2.66592 2.72988 2.71448
\(\hat{\mu }_{\vartheta }\) 0.05656 0.05768
\(\hat{\sigma }_{\gamma }\) 0.26296 0.25409 0.25553
\(\hat{\sigma }_{\vartheta }\) 0.00690 0.00690