Do Asset Prices in Transition Countries Contain Information About Future Economic Activity? /

There is ample empirical evidence for developed economies that asset prices contain information about future economic developments. But is this also the case in transition economies? Using a panel of monthly data for the Czech Republic, Hungary, Poland, Russia, Slovakia, and Slovenia for the period...

Full description

Bibliographic Details
Main Author: Sloek, Torsten
Other Authors: Christoffersen, Peter
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2000.
Series:IMF Working Papers; Working Paper ; No. 2000/103
Online Access:Full text available on IMF