9781288722082 - finance and economics discussion series: what's good for gm, using auto industry stock returns to forecast business cycles and test the q-theory of investment von duffee, gregory r; prowse, stephen d (1 Ergebnisse)

Finance and Economics Discussion Series: What s Good for GM, Using Auto Industry Stock Returns to Forecast Business Cycles and Test the Q-Theory of Investment
United States Federal Reserve Board|Duffee, Gregory R.|Prowse, Stephen D.
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Zustand: New. KlappentextWe examine the ability of auto industry stock returns to forecast quarterly changes in the growth rates of real GDP, consumption, and investment. We find that auto stock returns are superior to aggregate stock market returns i.