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...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Sloek, Torsten
अन्य लेखक: Edison, Hali
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 2001.
श्रृंखला:IMF Working Papers; Working Paper ; No. 2001/077
ऑनलाइन पहुंच:Full text available on IMF