Structural Reforms and Equity Risk in Morocco (2015–2024): A Multi-Premium Valuation Dataset

This dataset contains the complete monthly data (2015–2024) used to calibrate the Frontier Market Valuation Model (FMVM) for Morocco. It decomposes the equity risk premium into four additive components—sovereign (CRP), liquidity (LP), behavioral (BP), and institutional quality (IQP)—and provides valuation anchors used to validate the model against observed market multiples. The data enable direct replication of the paper “Structural Reforms and Equity Risk in Morocco: A Multi-Premium Valuation Approach,” and comparison with the Vietnam FMVM dataset. The FMVM framework extends CAPM and CAPM + CRP models by incorporating market microstructure, sentiment, and governance channels that influence required returns in reform-sensitive markets.