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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| 格式: | 杂志 |
| 语言: | English |
| 出版: |
Washington, D.C. :
International Monetary Fund,
1995.
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| 丛编: | IMF Working Papers; Working Paper ;
No. 1995/102 |
| 在线阅读: | Full text available on IMF |