Stock-Market Equilibrium and the Dividend Yield /
Can fundamentals account for the recent performance of the U.S. stock market? The price/earnings ratio is out of line with historical averages, and the dividend/price ratio has recently reached a historic low. These developments and record levels of inflows into mutual funds have led some to conclud...
| المؤلف الرئيسي: | |
|---|---|
| التنسيق: | دورية |
| اللغة: | English |
| منشور في: |
Washington, D.C. :
International Monetary Fund,
1996.
|
| سلاسل: | IMF Working Papers; Working Paper ;
No. 1996/090 |
| الوصول للمادة أونلاين: | Full text available on IMF |