Stock Prices, News and Economic Fluctuations
Published Date
Copyright 2005
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Copy CitationPaul Beaudry and Franck Portier, Enhancing Productivity (NBER-CEPR-TCER-Keio conference) (Journal of the Japanese and International Economies, Volume 19, issue 4, 2004), chap. 5, https://www.nber.org/books-and-chapters/enhancing-productivity-nber-cepr-tcer-keio-conference/stock-prices-news-and-economic-fluctuations.
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Working Paper
In this paper we show that the joint behavior of stock prices and TFP favors a view of business cycles driven largely...
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