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Stock Returns and the State of the Economy: A Historical Perspective Using Very Long-run UK Data

In: Growth and Development in the Global Economy

Author

Listed:
  • Angela Black
  • Patricia Fraser
  • Garry MacDonald

Abstract

What are the forces behind the increasing globalization of economic life? How does globalization affect the functioning of national economies? What difficulties confront government policymakers in dealing with the global economy? These issues are addressed in this volume by leading specialists. The contributors present a range of unique and varied perspectives from which they consider aspects of the increasing integration of economic life, exploring implications for the functioning of domestic markets in a rapidly changing global economy. The result is a collection of insights that provide a framework for understanding globalization as an economic phenomenon.

Suggested Citation

  • Angela Black & Patricia Fraser & Garry MacDonald, 2003. "Stock Returns and the State of the Economy: A Historical Perspective Using Very Long-run UK Data," Chapters, in: Harry Bloch (ed.), Growth and Development in the Global Economy, chapter 7, Edward Elgar Publishing.
  • Handle: RePEc:elg:eechap:2729_7
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    Keywords

    Economics and Finance;

    Statistics

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