I use a Bayesian vector autoregressive (VAR) model to investigate the impact of monetary and technology shocks on the … euro area stock market in 1987-2005. I find an important role for technology shocks, but not monetary shocks, in explaining … variations in real stock prices. The identification method is flexible enough to study the effects of technology news shocks. The …

metropolitan area and country. A general equilibrium model demonstrates that an aggregate positive technology shock increases stock …

A new technology or product is often developed by the single entrepreneur. Whether he reaches the public offering stage …

A new technology or product is often developed by the single entrepreneur. Whether he reaches the public offering stage …