Harbingers of Recessions

There are two views about the relationship between changes in asset prices and business cycles, particularly recessions. One view contends that asset price corrections often precede or coincide with a recession. The 1929 stock market crash and the Great Depression, the early 1990s asset price collap...

Ausführliche Beschreibung

Bibliographische Detailangaben

Veröffentlicht in:	Finance & Development 2014-03, Vol.51 (1), p.40
Hauptverfasser:	Bluedorn, John C, Decressin, Jörg W, Terrones, Marco E
Format:	Magazinearticle
Sprache:	eng
Schlagworte:	Balance sheets Business cycles Consumption Discount rates Equity Great Depression Investments Market value Prices Recessions Securities markets Stock market crashes
Online-Zugang:	Volltext
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