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Type of bind: Paperback
Dewey Decimal Number: 332.60973
EAN num: 9780943205502
ISBN number: 0943205506
Label: Research Foundation of AIMR & Blackwell Publishing houses
Manufacturer: Research Foundation of AIMR & Blackwell Publishing houses
Quantity: 1
Page Count: 72
Printing Date: November 01, 2000
Publishing house: Research Foundation of AIMR & Blackwell Publishing houses
Sale Popularity Level: 1909899
Studio: Research Foundation of AIMR & Blackwell Publishing houses
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Product Description:
Although monetary policy is widely believed to influence investment performance, surprisingly little evidence exists to substantiate the nature or significance of the connection. In this monograph, the authors investigate and document the relation between monetary policy and investment performance. In examining the correlation between directional changes in the discount rate and various asset classes, they unearth surprising findings for U.S. stock returns in particular.
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