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Economic Fluctuations Without Shocks to Fundamentals; or, Does the Stock Market Dance to its Own Music?

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Creator:	Aiyagari, S. Rao
Series:	Working paper (Federal Reserve Bank of Minneapolis. Research Department)
Number:	379
Mot-clé:	Frictional unemployment, Random shocks, Technology, Government policy, Economic fluctuation, 1987 stock market crash, Consumer taste, Stock price determination, Animal spirits, Rational expectations, and Keynes
Assujettir:	G14 - Information and Market Efficiency; Event Studies; Insider Trading and E12 - General Aggregative Models: Keynes; Keynesian; Post-Keynesian

Economic Fluctuations Without Shocks to Fundamentals; Or, Does the Stock Market Dance to its Own Music?

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Creator:	Aiyagari, S. Rao
Series:	Working paper (Federal Reserve Bank of Minneapolis. Research Department)
Number:	452
Mot-clé:	Animal spirits, Frictional unemployment, Keynes, Consumer taste, Technology, Stock price determination, Economic fluctuation, 1987 stock market crash, Random shocks, Rational expectations, and Government policy
Assujettir:	G14 - Information and Market Efficiency; Event Studies; Insider Trading and E12 - General Aggregative Models: Keynes; Keynesian; Post-Keynesian