Aßmuth, Pascal - In: Economics: The Open-Access, Open-Assessment E-Journal 14 (2020) 2020-10, pp. 1-34
The total output of an economy usually follows cyclical movements which are accompanied by similar movements in stock … prices. The common explanation relies on the demand side. It points out that stock market wealth drives consumption which …. If optimism is wide spread among stock investors however, investment behaviour is also correlated through the stock …