Money, credit and asset prices

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According to mainstream economic theory, the prices of individual stocks respond rationally to unexpected news. However, real market movements appear to respond to news in more complex and sometimes perverse ways, overshooting or not reacting at all.

Format:Hardcover

Language:English

ISBN:033358581X

ISBN13:9780333585818

Release Date:January 1994

Publisher:Palgrave Macmillan

Length:304 Pages

Weight:1.25 lbs.

Dimensions:5.9" x 8.7"

Related Subjects

Business Business & Investing Economics

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