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Persistent link: https://www.econbiz.de/10000167924

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Inflation, monetary policy and stock market conditions

Bordo, Michael D. (contributor); Dueker, Michael (contributor) - 2008

"This paper examines the association between inflation, monetary policy and U.S. stock market conditions during the second half of the 20th century. We estimate a latent variable VAR to examine how macroeconomic and policy shocks affect the condition of the stock market. Further, we examine the...