Financial Markets and the Real Economy
收藏NBER2005-03-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w11193
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资源简介：
I survey work on the intersection between macroeconomics and finance. The challenge is to find the right measure of "bad times," rises in the marginal value of wealth, so that we can understand high average returns or low prices as compensation for assets' tendency to pay off poorly in "bad times."
提供机构：
美国国家经济研究局
创建时间：
2005-03-01
