Stock Returns and Output Growth in Emerging and Advanced Economies /

This paper studies the correlation between output growth and lagged stock returns in a panel of emerging market economies and advanced economies. It finds that the correlation is as strong in emerging market economies as in advanced economies. Asset prices therefore contain valuable information to f...

全面介绍

书目详细资料
主要作者: Mauro, Paolo
格式: 杂志
语言:English
出版: Washington, D.C. : International Monetary Fund, 2000.
丛编:IMF Working Papers; Working Paper ; No. 2000/089
在线阅读:Full text available on IMF