The Role of Stock Markets in Current Account Dynamics : Evidence from the United States

Evidence from the United States

The Role of Stock Markets in Current Account Dynamics : Evidence from the United States
This paper tests a model of the role of stock markets in current account dynamics, developed in a companion paper. With U.S. data, the model performs better than the same model without stock markets. An insight given by the model is that the current account might help predict future stock market performance. This property receives some preliminary READ MORE...

Publication date: May 2003
ISBN 9781451853124
$15.00

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