A Study of Stock Market Fluctuations and their Relations to Business Conditions
Most research on stock prices is based on the present value model or the more general consumption-based model. When applied to real economic data, both of them are found unable to account for both the stock price level and its volatility. Three essays here attempt to both build a more realistic mode...
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| Format: | Others |
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FIU Digital Commons
2009
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| Online Access: | http://digitalcommons.fiu.edu/etd/89 http://digitalcommons.fiu.edu/cgi/viewcontent.cgi?article=1127&context=etd |