Showing 1 - 10 of 73
Persistent link: https://www.econbiz.de/10012211529
Persistent link: https://www.econbiz.de/10010211929
Persistent link: https://www.econbiz.de/10003742870
Persistent link: https://www.econbiz.de/10003980608
During the last 25 years, the stock market in the US has been strongly pro-cyclical in the presence of a counter-cyclical monetary policy. In this paper, we use an endogenous business cycle model to explore the factors contributing to a pro-cyclical stock market. A dynamic expectation structure...
Persistent link: https://www.econbiz.de/10011436478
Persistent link: https://www.econbiz.de/10001601461
Persistent link: https://www.econbiz.de/10001691738
During the last 25 years, the stock market in the US has been strongly pro-cyclical in the presence of a counter-cyclical monetary policy. In this paper, we use an endogenous business cycle model to explore the factors contributing to a pro-cyclical stock market. A dynamic expectation structure...
Persistent link: https://www.econbiz.de/10013242488
Persistent link: https://www.econbiz.de/10012035434