Stock Market Volatility and Corporate Investment /

Despite concerns are often voiced on the so called 'excess volatility' of the stock market, little is known about the implications of market volatility for the real economy. This paper examines whether the stock market volatility affects real fixed investment. The empirical evidence obtain...

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Hlavní autor: Hu, Zuliu
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 1995.
Edice:IMF Working Papers; Working Paper ; No. 1995/102
On-line přístup:Full text available on IMF