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...
| Prif Awdur: | |
|---|---|
| Fformat: | Cylchgrawn |
| Iaith: | English |
| Cyhoeddwyd: |
Washington, D.C. :
International Monetary Fund,
1996.
|
| Cyfres: | IMF Working Papers; Working Paper ;
No. 1996/090 |
| Mynediad Ar-lein: | Full text available on IMF |