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Persistent link: https://www.econbiz.de/10005374499
Given the dominant role the U.S. economy plays in global trade, we explore how U.S. macroeconomic surprises affect stock markets in ten major developed economies as well as in China and India. We do not find strong enough evidence to conclude that U.S. macro shocks materially and consistently...
Persistent link: https://www.econbiz.de/10010718824