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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Detalles Bibliográficos
Autor principal: Hu, Zuliu
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 1995.
Colección:IMF Working Papers; Working Paper ; No. 1995/102
Acceso en línea:Full text available on IMF