Wealth Effects and the New Economy /

This paper investigates if there is a different impact from changes in "new" and "old" economy stock valuations on private consumption. Estimating a reduced-form VAR for seven OECD countries for the 1990s, it is found that the impact from changes in old economy stock valuations o...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Sloek, Torsten
مؤلفون آخرون: Edison, Hali
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2001.
سلاسل:IMF Working Papers; Working Paper ; No. 2001/077
الوصول للمادة أونلاين:Full text available on IMF