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

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