Learning from stock prices and economic growth

A competitive stock market is embedded into a neoclassical growth economy to analyze the interplay between the acquisition of information about firms, its partial revelation through stock prices, capital allocation, and income. The stock market allows investors to share their costly private signals...

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Veröffentlicht in:	The Review of financial studies 2014-10, Vol.27 (10), p.2998-3059
1. Verfasser:	Peress, Joël
Format:	Artikel
Sprache:	eng
Schlagworte:	Aktienmarkt Capital investments Capital stocks Cost sharing Economic growth Economic investment Financial investments Income Information Investment policy Investors Lernen Productivity Securities markets Steady state economies Stock exchange Stock markets Stock prices Stock shares Studies Theorie Total factor productivity Unternehmen Wert Wirtschaftswachstum
Online-Zugang:	Volltext
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