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...

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Bibliografski detalji
Glavni autor: Sloek, Torsten
Daljnji autori: Edison, Hali
Format: Žurnal
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 2001.
Serija:IMF Working Papers; Working Paper ; No. 2001/077
Online pristup:Full text available on IMF