The behaviour of U.K. stock prices and returns
In this thesis I combine VAR forecasting methods with the Campbell-Shiller log-linear approximation to the present-value formula for stock prices. Four aspects of UK stock market behaviour are studied. The first analysis involves decomposing the variance of the unexpected stock return into component...
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University of Newcastle Upon Tyne
1995
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| Online Access: | http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.283054 |