Journal Article
Stock prices and output growth: an examination of the credit channel
Abstract: When stock market values fall, we know that investors expect lower economic growth in the future. But can stock market declines actually affect future growth? There is some evidence that they can-through the credit channel.
Keywords: Stock - Prices;
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Bibliographic Information
Provider: Federal Reserve Bank of Cleveland
Part of Series: Economic Commentary
Publication Date: 2002
Issue: Aug
Order Number: 2