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Investment and share prices: fundamental versus speculative components

  • Branston, Christopher B.
  • Groenewold, Nicolaas
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    File URL: http://www.sciencedirect.com/science/article/B6W5T-4BNB9X2-1/2/8ba520b6a32c1beec473b1ba046645c8
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    Article provided by Elsevier in its journal The North American Journal of Economics and Finance.

    Volume (Year): 15 (2004)
    Issue (Month): 2 (August)
    Pages: 199-226

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    Handle: RePEc:eee:ecofin:v:15:y:2004:i:2:p:199-226
    Contact details of provider: Web page: http://www.elsevier.com/locate/inca/620163

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    11. Galeotti, Marzio & Schiantarelli, Fabio, 1990. "Stock Market Volatility And Investment: Do Only Fundamental Matter?," Working Papers 90-15, C.V. Starr Center for Applied Economics, New York University.
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    23. Owen Lamont, . "Investment Plans and Stock Returns."," CRSP working papers 488, Center for Research in Security Prices, Graduate School of Business, University of Chicago.
    24. Chung, Heetaik & Lee, Bong-Soo, 1998. "Fundamental and nonfundamental components in stock prices of Pacific-Rim countries," Pacific-Basin Finance Journal, Elsevier, vol. 6(3-4), pages 321-346, August.
    25. Randall Morck & Andrei Shleifer & Robert W. Vishny, 1990. "The Stock Market and Investment: Is the Market a Sideshow?," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 21(2), pages 157-216.
    26. Koop, Gary & Pesaran, M. Hashem & Potter, Simon M., 1996. "Impulse response analysis in nonlinear multivariate models," Journal of Econometrics, Elsevier, vol. 74(1), pages 119-147, September.
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    29. John Y. Campbell & Robert J. Shiller, 2001. "Valuation Ratios and the Long-run Stock Market Outlook: An Update," Cowles Foundation Discussion Papers 1295, Cowles Foundation for Research in Economics, Yale University.
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    32. Tobin, James, 1969. "A General Equilibrium Approach to Monetary Theory," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 1(1), pages 15-29, February.
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