Flows of Funds’ versus ‘Real Factors
Gordon Pepper
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Gordon Pepper: Department of Banking and Finance, City University Business School
Chapter 1 in Money, Credit and Asset Prices, 1994, pp 7-16 from Palgrave Macmillan
Abstract:
Abstract The initial aim of this first chapter is to put over the concept of ‘financial forces’ affecting financial markets. It contrasts these with the ‘real factors’ that affect markets. Attention is focused on the equity market.
Keywords: Price Index; Equity Market; Variance Decomposition; Real Factor; Investment Manager (search for similar items in EconPapers)
Date: 1994
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-37593-2_2
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DOI: 10.1057/9780230375932_2
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