Showing 1 - 7 of 7
Persistent link: https://www.econbiz.de/10008659451
Persistent link: https://www.econbiz.de/10008659603
Persistent link: https://www.econbiz.de/10009259849
The Global Financial Crisis (GFC) has rekindled debate about the desirability of governmental interference in asset markets . either through the operation of policy levers, or, through the chosen institutional setup. In this paper we quantify economic costs due to mispricing of real assets in...
Persistent link: https://www.econbiz.de/10009411625
The USAGE model for the United States is used to quantify economic costs due to stock mispricing, made operational by shocking Tobin’s q. The simulations quantify a potentially large impact even in the most favorable environment, where export demand holds up, and, the dollar is pro-cyclical. A...
Persistent link: https://www.econbiz.de/10009411626
Persistent link: https://www.econbiz.de/10009317763
Persistent link: https://www.econbiz.de/10001602905