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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Dettagli Bibliografici
Autore principale: Sloek, Torsten
Altri autori: Christoffersen, Peter
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2000.
Serie:IMF Working Papers; Working Paper ; No. 2000/103
Accesso online:Full text available on IMF