Investment Plans and Stock Returns
收藏NBER1999-02-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w6973
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资源简介：
Capital expenditure plans at the beginning of the year, from a US government survey of firms, explain more than three quarters of the variation in real annual aggregate investment growth between 1948 and 1993. The negative correlation of contemporaneous investment and stock returns is explained by
提供机构：
美国国家经济研究局
创建时间：
1999-02-01
