Gajdka, Jerzy; Pietraszewski, Piotr - In: Comparative economic research : Central and Eastern Europe 19 (2016) 3, pp. 93-111
This paper discusses the links between economic growth, corporate earnings and stock returns. Cross-country correlation studies do not confirm the intuitive assumption that higher returns on equities are more likely in the faster-growing countries. The problem can be analysed more deeply by...