Stock Prices, Total Factor Productivity and Economic Fluctuations; Some Further Evidence from Japanese and U.S. Sectoral Data
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Paul Beaudry & Franck Portier, 2006.
"Stock Prices, News, and Economic Fluctuations,"
American Economic Review, American Economic Association, vol. 96(4), pages 1293-1307, September.
- Paul Beaudry & Franck Portier, 2004. "Stock Prices, News and Economic Fluctuations," NBER Chapters, in: Enhancing Productivity (NBER-CEPR-TCER-Keio conference), National Bureau of Economic Research, Inc.
- Beaudry, Paul & Portier, Franck, 2003. "Stock Prices, News and Economic Fluctuations," IDEI Working Papers 158, Institut d'Économie Industrielle (IDEI), Toulouse.
- Paul Beaudry & Franck Portier, 2004. "Stock Prices, News and Economic Fluctuations," NBER Working Papers 10548, National Bureau of Economic Research, Inc.
- Portier, Franck & Beaudry, Paul, 2003. "Stock Prices, News and Economic Fluctuations," CEPR Discussion Papers 3844, Centre for Economic Policy Research.
- Fumio Hayashi & Edward C. Prescott, 2004.
"The 1990s in Japan: a lost decade,"
Chapters, in: Paolo Onofri (ed.), The Economics of an Ageing Population, chapter 2,
Edward Elgar Publishing.
- Fumio Hayashi & Edward C. Prescott, 2002. "The 1990s in Japan: A Lost Decade," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 5(1), pages 206-235, January.
- Fumio Hayashi & Edward C. Prescott, 2000. "The 1990s in Japan: a lost decade," Working Papers 607, Federal Reserve Bank of Minneapolis.
- Fumio Hayashi & Edward C. Prescott, 2002. "Data Appendix to The 1990s in Japan: A Lost Decade," Online Appendices hayashi02, Review of Economic Dynamics.
- Pakes, Ariel, 1985.
"On Patents, R&D, and the Stock Market Rate of Return,"
Journal of Political Economy, University of Chicago Press, vol. 93(2), pages 390-409, April.
- Pakes, Ariel, 1985. "On Patents, R & D, and the Stock Market Rate of Return," Scholarly Articles 3436409, Harvard University Department of Economics.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Rod Tyers & Ying Zhang, 2011.
"Japan's Economic Recovery: Insights from Multi-Region Dynamics,"
CAMA Working Papers
2011-18, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
- Rod Tyers & Ying Zhang, 2011. "Japan's Economic Recovery: Insights from Multi-Region Dynamics," Economics Discussion / Working Papers 11-13, The University of Western Australia, Department of Economics.
- Rod Tyers & Jenny Corbett, 2012.
"Japan's economic slowdown and its global implications: a review of the economic modelling,"
Asian-Pacific Economic Literature, The Crawford School, The Australian National University, vol. 26(2), pages 1-28, November.
- Rod Tyers & Jenny Corbett, 2011. "Japan's Economic Slowdown and its Global Implications: A Review of the Economic Modelling," Economics Discussion / Working Papers 11-19, The University of Western Australia, Department of Economics.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Lilia Karnizova, 2013. "Letting the speculative and the news views of the Japanese business cycle compete," Economics Bulletin, AccessEcon, vol. 33(2), pages 1146-1158.
- Ko, Jun-Hyung & Morita, Hiroshi, 2015. "Fiscal sustainability and regime shifts in Japan," Economic Modelling, Elsevier, vol. 46(C), pages 364-375.
- Leonid Kogan & Dimitris Papanikolaou & Amit Seru & Noah Stoffman, 2017.
"Technological Innovation, Resource Allocation, and Growth,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 132(2), pages 665-712.
- Leonid Kogan & Dimitris Papanikolaou & Amit Seru & Noah Stoffman, 2012. "Technological Innovation, Resource Allocation, and Growth," NBER Working Papers 17769, National Bureau of Economic Research, Inc.
- Ippei Fujiwara & Yasuo Hirose & Mototsugu Shintani, 2011.
"Can News Be a Major Source of Aggregate Fluctuations? A Bayesian DSGE Approach,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 43(1), pages 1-29, February.
- Ippei Fujiwara & Yasuo Hirose & Mototsugu Shintani, 2011. "Can News Be a Major Source of Aggregate Fluctuations? A Bayesian DSGE Approach," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 43(1), pages 1-29, February.
- Ippei Fujiwara & Yasuo Hirose & Mototsugu Shintani, 2008. "Can News Be a Major Source of Aggregate Fluctuations? A Bayesian DSGE Approach," IMES Discussion Paper Series 08-E-16, Institute for Monetary and Economic Studies, Bank of Japan.
- Ippei Fujiwara & Yasuo Hirose & Mototsugu Shintani, 2009. "Can News Be a Major Source of Aggregate Fluctuations? A Bayesian DSGE Approach," Vanderbilt University Department of Economics Working Papers 0921, Vanderbilt University Department of Economics.
- Ippei Fujiwara & Yasuo Hirose & Mototsugu Shintani, 2008. "Can News Be a Major Source of Aggregate Fluctuations? A Bayesian DSGE Approach," Levine's Working Paper Archive 122247000000002352, David K. Levine.
- Beaudry, Paul & Portier, Franck, 2005.
"The "news view" of economic fluctuations: Evidence from aggregate Japanese data and sectoral US data,"
Journal of the Japanese and International Economies, Elsevier, vol. 19(4), pages 635-652, December.
- Paul Beaudry & Franck Portier, 2005. "The "News" View of Economic Fluctuations: Evidence from Aggregate Japanese Data and Sectoral U.S. Data," NBER Working Papers 11496, National Bureau of Economic Research, Inc.
- Portier, Franck & Beaudry, Paul, 2005. "The 'News' View of Economic Fluctuations: Evidence from Aggregate Japanese Data and Sectoral US Data," CEPR Discussion Papers 5176, Centre for Economic Policy Research.
- Mario Forni & Luca Gambetti & Luca Sala, 2014.
"No News in Business Cycles,"
Economic Journal, Royal Economic Society, vol. 124(581), pages 1168-1191, December.
- Forni, Mario & Sala, Luca & Gambetti, Luca, 2011. "No News in Business Cycles," CEPR Discussion Papers 8274, Centre for Economic Policy Research.
- Mario Forni & Luca Sala & Luca Gambetti, 2015. "No News in Business Cycles," Working Papers 535, Barcelona School of Economics.
- Mario Forni & Luca Gambetti & Luca Sala, 2013. "No News in Business Cycles," Working Papers 491, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
- Mario Forni & Luca Gambetti & Luca Sala, 2011. "No News in Business Cycles," UFAE and IAE Working Papers 862.11, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).
- Mario Forni & Luca Gambetti & Luca Sala, 2011. "No news in business cycles," Center for Economic Research (RECent) 063, University of Modena and Reggio E., Dept. of Economics "Marco Biagi".
- Mario Forni & Luca Gambetti & Luca Sala, 2011. "No News in Business Cycles," Working Papers 383, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
- Anja Sebbesen & Harald Oberhofer, 2024.
"The propagation of business expectations within the European Union,"
Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 39(6), pages 1082-1103, September.
- Anja Kukuvec & Harald Oberhofer, 2020. "The Propagation of Business Expectations within the European Union," CESifo Working Paper Series 8198, CESifo.
- Nadia Ayari & Szabolcs Blazsek & Pedro Mendi, 2012.
"Renewable energy innovations in Europe: a dynamic panel data approach,"
Applied Economics, Taylor & Francis Journals, vol. 44(24), pages 3135-3147, August.
- Nadia Ayari & Szabolcs Blazsek & Pedro Mendi, 2012. "Renewable energy innovations in Europe: a dynamic panel data approach," Applied Economics, Taylor & Francis Journals, vol. 44(24), pages 3135-3147, August.
- Nadia Ayari & Szabolcs Blazsek & Pedro Mendi, 2009. "Renewable Energy Innovations in Europe: A Dynamic Panel Data Approach," Faculty Working Papers 11/09, School of Economics and Business Administration, University of Navarra.
- Pedro Mendi & Nadia Ayari & Szabolcs Blazsek, 2011. "Renewable energy innovations in Europe: A dynamic panel data approach," Post-Print hal-00711448, HAL.
- Ryo Jinnai, 2014. "R&D Shocks and News Shocks," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 46(7), pages 1457-1478, October.
- Morita, Hiroshi, 2014. "External shocks and Japanese business cycles: Evidence from a sign-restricted VAR model," Japan and the World Economy, Elsevier, vol. 30(C), pages 59-74.
- Roel van Elk & Marc van der Steeg & Dinand Webbink, 2013. "The effects of a special program for multi-problem school dropouts on educational enrolment, employment and criminal behaviour; Evidence from a field experiment," CPB Discussion Paper 241.rdf, CPB Netherlands Bureau for Economic Policy Analysis.
- Mark Schankerman, 1991. "Revisions of Investment Plans and the Stock Market Rate of Return," STICERD - Economics of Industry Papers 05, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
- Ashish Sood & Gerard J. Tellis, 2009. "Do Innovations Really Pay Off? Total Stock Market Returns to Innovation," Marketing Science, INFORMS, vol. 28(3), pages 442-456, 05-06.
- Ahmed, M. Iqbal & Cassou, Steven P., 2021. "Asymmetries in the effects of unemployment expectation shocks as monetary policy shifts with economic conditions," Economic Modelling, Elsevier, vol. 100(C).
- Nir Jaimovich & Sergio Rebelo, 2009.
"Can News about the Future Drive the Business Cycle?,"
American Economic Review, American Economic Association, vol. 99(4), pages 1097-1118, September.
- Rebelo, Sérgio & Jaimovich, Nir, 2006. "Can News About the Future Drive the Business Cycle?," CEPR Discussion Papers 5877, Centre for Economic Policy Research.
- Nir Jaimovich & Sergio Rebelo, 2006. "Can News About the Future Drive the Business Cycle?," NBER Working Papers 12537, National Bureau of Economic Research, Inc.
- Nir Jaimovich & Sergio Rebelo, 2006. "Can News About the Future Drive the Business Cycle?," 2006 Meeting Papers 31, Society for Economic Dynamics.
- Bachmann, Rüdiger & Sims, Eric R., 2012.
"Confidence and the transmission of government spending shocks,"
Journal of Monetary Economics, Elsevier, vol. 59(3), pages 235-249.
- Rüdiger Bachmann & Eric R. Sims, 2011. "Confidence and the Transmission of Government Spending Shocks," NBER Working Papers 17063, National Bureau of Economic Research, Inc.
- Eric Sims & Ruediger Bachmann, 2011. "Confidence and the Transmission of Government Spending Shocks," 2011 Meeting Papers 83, Society for Economic Dynamics.
- Tom Doan, 2026. "SHUTDOWN: RATS program to demonstrate "shutdown" shock methodology for a VAR," Statistical Software Components RTJ00068a, Boston College Department of Economics.
- Benjamin Born & Gernot J Müller & Moritz Schularick & Petr Sedláček, 2019.
"The Costs of Economic Nationalism: Evidence from the Brexit Experiment,"
The Economic Journal, Royal Economic Society, vol. 129(623), pages 2722-2744.
- Benjamin Born & Gernot Müller & Moritz Schularick & Petr Sedláček, 2017. "The Costs of Economic Nationalism: Evidence from the Brexit Experiment," CESifo Working Paper Series 6780, CESifo.
- Born, Benjamin & Müller, Gernot & Schularick, Moritz & SedlÃ¡Ä ek, Petr, 2017. "The Costs of Economic Nationalism: Evidence from the Brexit Experiment," CEPR Discussion Papers 12454, Centre for Economic Policy Research.
- Fang Cai, 2015. "Haste Makes Waste: Policy Options Facing China after Reaching the Lewis Turning Point," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 23(1), pages 1-20, January.
- Metiu, Norbert, 2021.
"Anticipation effects of protectionist U.S. trade policies,"
Journal of International Economics, Elsevier, vol. 133(C).
- Metiu, Norbert, 2020. "Anticipation effects of protectionist U.S. trade policies," Discussion Papers 52/2020, Deutsche Bundesbank.
- Ryan Chahrour & Kyle Jurado, 2018.
"News or Noise? The Missing Link,"
American Economic Review, American Economic Association, vol. 108(7), pages 1702-1736, July.
- Ryan Chahrour & Kyle Jurado, 2016. "News or Noise? The Missing Link," Boston College Working Papers in Economics 917, Boston College Department of Economics, revised 02 Nov 2017.
- Kyle Jurado & Ryan Chahrour, 2017. "News or Noise? The Missing Link," 2017 Meeting Papers 320, Society for Economic Dynamics.
More about this item
Keywords
;JEL classification:
- E3 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles
NEP fields
This paper has been announced in the following NEP Reports:- NEP-EFF-2005-12-01 (Efficiency and Productivity)
- NEP-FMK-2005-12-01 (Financial Markets)
- NEP-MAC-2005-12-01 (Macroeconomics)
- NEP-SEA-2005-12-01 (South East Asia)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:red:sed005:515. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Christian Zimmermann (email available below). General contact details of provider: https://edirc.repec.org/data/sedddea.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.
Printed from https://ideas.repec.org/p/red/sed005/515.html