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Financial Markets And The Real Economy

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Originally published 2005
Authors John H. Cochrane
Editors John H. Cochrane
Date of Reg.
Date of Upd.
ID2113168
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About Financial Markets And The Real Economy


What are the real, macroeconomic risks that drive asset prices? This question is centrally important to macroeconomics. Where better to learn about the risks of recessions and depressions than by understanding the prices of assets such as stocks that carry macroeconomic risks? . . .

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