Review of Economic Studies
VAVariability And StockMDMartind. D. Evans
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Abstract
This paper examines the extent to which swings in stock prices can be related to variations in the discounted value of expected future dividends when investors face uncertainty about their future behavior. I develop an econometric model that accounts for the instability of U.S.
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2- VAVariability And StockCorresponding
- MDMartind. D. Evans
Topics & keywords
Topics
Keywords
- Economics
- Keynesian economics
- Mathematical economics
- Macroeconomics
- Neoclassical economics
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