Stock Market Volatility and Corporate Investment

Stock Market Volatility and Corporate Investment
Despite concerns are often voiced on the so called "excess volatility" of the stock market, little is known about the implications of market volatility for the real economy. This paper examines whether the stock market volatility affects real fixed investment. The empirical evidence obtained from the US data shows that market volatility has... READ MORE...

Publication date: October 1995
ISBN 9781451852585
$15.00

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