Stock Market Developments and Private Consumer Spending in Emerging Markets /
Using a panel of 16 emerging markets, the paper finds a small but statistically significant effect of stock market developments on private consumption spending. In the short run, a 10 percent decline in the annual real stock market return is associated with a reduction in real private consumption by...
| मुख्य लेखक: | |
|---|---|
| स्वरूप: | पत्रिका |
| भाषा: | English |
| प्रकाशित: |
Washington, D.C. :
International Monetary Fund,
2002.
|
| श्रृंखला: | IMF Working Papers; Working Paper ;
No. 2002/238 |
| ऑनलाइन पहुंच: | Full text available on IMF |