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...
| Auteur principal: | |
|---|---|
| Autres auteurs: | |
| Format: | Revue |
| Langue: | English |
| Publié: |
Washington, D.C. :
International Monetary Fund,
2001.
|
| Collection: | IMF Working Papers; Working Paper ;
No. 2001/077 |
| Accès en ligne: | Full text available on IMF |