@article{Wilson:259430,
      recid = {259430},
      author = {Wilson, Jack W.  and Jones, Charles P. },
      title = {RETURNS ON STOCKS, BONDS, AND COMMERCIAL PAPER: LONG-TERM  CONSTRUCTION, ANALYSIS, AND COMPARISONS},
      address = {1988-04-01},
      number = {1908-2017-1841},
      pages = {40},
      year = {1988},
      abstract = {We report on the results of·the constructiort.of  consistent monthly ·returns for two alternative measures of  common stocks, for Aaa. bonds, and for commercial pap.er  from December 1870 through December 1987. The annual  yields, on the assumption of monthly reinvestment of  income.returns,· are analyzed and compared in both nominal  and inflation-adjusted terms. The average returns for each  series are reported by return components for the complete  .1871-1987 period as well as for the two subperiods  1871,;,1925 and 1926-1987. ·The purpose of this paper is to  extend return data back in time as far as possible, an.d to  provide alternative data series for research purposes.},
      url = {http://ageconsearch.umn.edu/record/259430},
      doi = {https://doi.org/10.22004/ag.econ.259430},
}