Consumption and the Stock Market: Interpreting International Experience
收藏NBER1996-06-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w5610
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资源简介:
This paper reviews the behavior of stock prices in relation to consumption. The paper lists some important stylized facts that characterize US data, and relates them to recent developments in equilibrium asset pricing theory. Data from other countries are examined to see which features of the US
提供机构:
美国国家经济研究局
创建时间:
1996-06-01



