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This paper investigates the possibility of a link between share prices, interpreted as an indicator of future profitability, and unemployment across a sample of industrial countries whose unemployment rates diverged during the 1990s.

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Bibliographic Details
Published in:Brookings papers on economic activity no. 1; p. 237
Main Authors: Jean-Paul Fitoussi, Jestaz, David, Phelps, Edmund S, Gylfi Zoega
Format: Journal Article
Language:English
Published: Washington Johns Hopkins University Press 01-01-2000
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Summary:This paper investigates the possibility of a link between share prices, interpreted as an indicator of future profitability, and unemployment across a sample of industrial countries whose unemployment rates diverged during the 1990s.
ISSN:0007-2303
0007-2303