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This article investigates the reaction of the Federal Reserve to developments in the stock market. The issue is analysed by first constructing an Index of Stock Price Misalignment (ISPM) in which the fundamental value of the stocks is computed on the basis of the discounted cash flow approach...
Persistent link: https://www.econbiz.de/10003825824
The paper investigates the reaction of the Federal Reserve to developments in the stock market. The issue is analyzed by first constructing an Index of Stock Price Misalignement in which the fundamental value of the stocks is computed on the basis of the discounted cash flow approach and by then...
Persistent link: https://www.econbiz.de/10012709005
Persistent link: https://www.econbiz.de/10008210143
Persistent link: https://www.econbiz.de/10008164457
The paper investigates the reaction of the Federal Reserve to developments in the stock market. The issue is analyzed by first constructing an Index of Stock Price Misalignement in which the fundamental value of the stocks is computed on the basis of the discounted cash flow approach and by then...
Persistent link: https://www.econbiz.de/10005694997
Persistent link: https://www.econbiz.de/10000751408
Persistent link: https://www.econbiz.de/10001099630
Persistent link: https://www.econbiz.de/10001633992
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