Asset Prices and Macroeconomic Outcomes : A Survey

Asset Prices and Macroeconomic Outcomes : A Survey

This paper surveys the literature on the linkages between asset prices and macroeconomic outcomes. It focuses on three major questions. First, what are the basic theoretical linkages between asset prices and macroeconomic outcomes? Second, what is...

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Bibliographic Details
Main Authors: Claessens, Stijn, Kose, M. Ayhan
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2017
Subjects:
EQUITY PRICES
EXCHANGE RATES
HOUSE PRICES
INTEREST RATES
CREDIT
INVESTMENT
FINANCIAL LINKAGES
IMPERFECTIONS
FRICTION
CONSUMPTION
OUTPUT
Online Access:http://documents.worldbank.org/curated/en/599841511879164538/Asset-prices-and-macroeconomic-outcomes-a-survey
http://hdl.handle.net/10986/28920

Internet

http://documents.worldbank.org/curated/en/599841511879164538/Asset-prices-and-macroeconomic-outcomes-a-survey
http://hdl.handle.net/10986/28920

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