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...

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Détails bibliographiques
Auteur principal: Sloek, Torsten
Autres auteurs: Christoffersen, Peter
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2000.
Collection:IMF Working Papers; Working Paper ; No. 2000/103
Accès en ligne:Full text available on IMF