Reconciling Macroeconomics and Finance for the U.S. Corporate Sector: 1929 to Present
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We examine how to quantitatively reconcile the high volatility of market valuations of U.S. corporations with the relative stability of macroeconomic quantities since 1929. Macroeconomic and financial variables are measured in a consistent fashion using the Integrated Macroeconomic Accounts (IMA) of
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美国国家经济研究局创建时间:
2025-02-01



