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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Автор: Hu, Zuliu
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 1995.
Серія:IMF Working Papers; Working Paper ; No. 1995/102
Онлайн доступ:Full text available on IMF