Journal Article

Stock-market gyrations and investment


Abstract: An analysis of the relationship between stock-market gyrations and business fixed investment, using the q theory (the ratio of the market value of financial liabilities to the replacement value of physical assets).

Keywords: Stock market;

Access Documents

Authors

Bibliographic Information

Provider: Federal Reserve Bank of Cleveland

Part of Series: Economic Commentary

Publication Date: 1987

Issue: Dec

Pages: 1-4

Order Number: 1