The stock market and the Fed 1

This article investigates the reaction of the Federal Reserve to developments in the stock market. The issue is analysed by first constructing an Index of Stock Price Misalignment (ISPM) in which the fundamental value of the stocks is computed on the basis of the discounted cash flow approach and by...

Ausführliche Beschreibung

Bibliographische Detailangaben

Veröffentlicht in:	Applied financial economics 2009-01, Vol.19 (2), p.99
Hauptverfasser:	Mattesini, Fabrizio, Becchetti, Leonardo
Format:	Artikel
Sprache:	eng
Schlagworte:	Discounted cash flow Federal funds rate Monetary policy Securities markets Stock exchanges Stock prices Studies Valuation methods
Online-Zugang:	Volltext
Tags:	Tag hinzufügen Keine Tags, Fügen Sie den ersten Tag hinzu!