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...
| Tác giả chính: | |
|---|---|
| Định dạng: | Tạp chí |
| Ngôn ngữ: | English |
| Được phát hành: |
Washington, D.C. :
International Monetary Fund,
2000.
|
| Loạt: | IMF Working Papers; Working Paper ;
No. 2000/089 |
| Truy cập trực tuyến: | Full text available on IMF |