Responses of the Stock Market to Macroeconomic Announcements Across Economic States /

Is the stock market responsive to macroeconomic news? This paper employs the daily returns of the Dow Jones Industrial Index, the S and P 500 index, the Russell 1000 index, and the Russell 2000 index to examine stock market reactions to a broad list of macroeconomic announcements, including money su...

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Detalhes bibliográficos
Autor principal: Hu, Zuliu
Outros Autores: Li, Li
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 1998.
Colecção:IMF Working Papers; Working Paper ; No. 1998/079
Acesso em linha:Full text available on IMF