New Economy Stock Valuations and Investment in the 1990s /

This paper investigates whether there is a different impact from changes in "new" and "old" economy stock valuations on private investment for seven OECD economies. A vector autoregressive model is estimated for each individual country, using quarterly data over the period 1990-2...

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Bibliographic Details
Main Author: Sloek, Torsten
Other Authors: Edison, Hali
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2001.
Series:IMF Working Papers; Working Paper ; No. 2001/078
Online Access:Full text available on IMF