Stock prices, news, and economic fluctuations

被引:379
作者
Beaudry, Paul
Portier, Franck
机构
[1] Univ British Columbia, CRC, Vancouver, BC V6T 121, Canada
[2] Natl Bur Econ Res, Cambridge, MA 02138 USA
[3] Univ Toulouse, F-31042 Toulouse, France
关键词
D O I
10.1257/aer.96.4.1293
中图分类号
F [经济];
学科分类号
02 ;
摘要
[No abstract available]
引用
收藏
页码:1293 / 1307
页数:15
相关论文
共 15 条
[1]  
[Anonymous], RATS MANUAL
[2]  
BASU S, 2004, 10592 NBER
[3]  
Beaudry P, 2004, 10548 NBER
[4]  
Benhabib J, 1999, HBK ECON, V15, P387
[5]  
BLANCHARD OJ, 1989, AM ECON REV, V79, P655
[6]   Model selection in partially nonstationary vector autoregressive processes with reduced rank structure [J].
Chao, JC ;
Phillips, PCB .
JOURNAL OF ECONOMETRICS, 1999, 91 (02) :227-271
[7]  
CHRISTIANO LJ, 2003, 768 US FED RES BOARD
[8]   STOCK RETURNS, EXPECTED RETURNS, AND REAL ACTIVITY [J].
FAMA, EF .
JOURNAL OF FINANCE, 1990, 45 (04) :1089-1108
[9]   Technology, employment, and the business cycle:: Do technology shocks explain aggregate fluctuations? [J].
Galí, J .
AMERICAN ECONOMIC REVIEW, 1999, 89 (01) :249-271
[10]  
Hamilton J. D., 1994, TIME SERIES ANAL