The Stock Market And The Fed

Becchetti LeonardoMattesini Fabrizio
CEIS Working Papers
The paper investigates the relationship between the stock market and the monetary policy of the Federal Reserve in the last twenty years. To this purpose we construct an Index of Stock Price Misalignment in which the fundamental value of the stocks is com
Number: 154
Date: Saturday, December 1, 2001
Revision Date: Saturday, December 1, 2001