Stock Returns and Output Growth in Emerging and Advanced Economies:
Gespeichert in:
Bibliographische Detailangaben
Beteilige Person: Mauro, Paolo (VerfasserIn)
Format: Elektronisch E-Book
Sprache:Englisch
Veröffentlicht: Washington, D.C International Monetary Fund 2000
Schriftenreihe:IMF Working Papers Working Paper No. 00/89
Links:http://elibrary.imf.org/view/IMF001/06516-9781451851274/06516-9781451851274/06516-9781451851274.xml
http://elibrary.imf.org/view/IMF001/06516-9781451851274/06516-9781451851274/06516-9781451851274.xml
http://elibrary.imf.org/view/IMF001/06516-9781451851274/06516-9781451851274/06516-9781451851274.xml
http://elibrary.imf.org/view/IMF001/06516-9781451851274/06516-9781451851274/06516-9781451851274.xml
http://elibrary.imf.org/view/IMF001/06516-9781451851274/06516-9781451851274/06516-9781451851274.xml
http://elibrary.imf.org/view/IMF001/06516-9781451851274/06516-9781451851274/06516-9781451851274.xml
http://elibrary.imf.org/view/IMF001/06516-9781451851274/06516-9781451851274/06516-9781451851274.xml
http://elibrary.imf.org/view/IMF001/06516-9781451851274/06516-9781451851274/06516-9781451851274.xml
http://elibrary.imf.org/view/IMF001/06516-9781451851274/06516-9781451851274/06516-9781451851274.xml
http://elibrary.imf.org/view/IMF001/06516-9781451851274/06516-9781451851274/06516-9781451851274.xml
http://elibrary.imf.org/view/IMF001/06516-9781451851274/06516-9781451851274/06516-9781451851274.xml
http://elibrary.imf.org/view/IMF001/06516-9781451851274/06516-9781451851274/06516-9781451851274.xml
http://elibrary.imf.org/view/IMF001/06516-9781451851274/06516-9781451851274/06516-9781451851274.xml
http://elibrary.imf.org/view/IMF001/06516-9781451851274/06516-9781451851274/06516-9781451851274.xml
http://elibrary.imf.org/view/IMF001/06516-9781451851274/06516-9781451851274/06516-9781451851274.xml
http://elibrary.imf.org/view/IMF001/06516-9781451851274/06516-9781451851274/06516-9781451851274.xml
http://elibrary.imf.org/view/IMF001/06516-9781451851274/06516-9781451851274/06516-9781451851274.xml
http://elibrary.imf.org/view/IMF001/06516-9781451851274/06516-9781451851274/06516-9781451851274.xml
http://elibrary.imf.org/view/IMF001/06516-9781451851274/06516-9781451851274/06516-9781451851274.xml
http://elibrary.imf.org/view/IMF001/06516-9781451851274/06516-9781451851274/06516-9781451851274.xml
http://elibrary.imf.org/view/IMF001/06516-9781451851274/06516-9781451851274/06516-9781451851274.xml
Abstract:This paper studies the correlation between output growth and lagged stock returns in a panel of emerging market economies and advanced economies. It finds that the correlation is as strong in emerging market economies as in advanced economies. Asset prices therefore contain valuable information to forecast output also in emerging market economies. Moreover, the paper finds that the strength of the correlation between output growth and lagged stock returns is significantly related to a number of stock market characteristics, such as the number of listed domestic companies and initial public offerings and, especially, a high market capitalization to GDP ratio and English legal origin
Umfang:1 Online-Ressource (34 p)
ISBN:1451851278
9781451851274