Aggregate S&P 500 cash flow growth expectations

Survey expectations of aggregate dividend growth and earnings growth

Dividend growth expectations 2003Q1-2022Q1 (download

Earnings growth expectations 1976Q1-2022Q1 (download)

Suggested Citations: 

DE LA O, R. and MYERS, S. (2021), Subjective Cash Flow and Discount Rate Expectations. The Journal of Finance, 76: 1339-1387. https://doi.org/10.1111/jofi.13016

and

DE LA O, R. and MYERS, S. (2024), Which Subjective Expectations Explain Asset Prices?. The Review of Financial Studies (Advance Access) https://doi.org/10.1093/rfs/hhae009