Does budget deficit lower equity prices in USA?

Shakil Quayes

Economics Letters, 2010, vol. 107, issue 2, 155-157

Abstract: This paper investigates the relationship between budget deficits and stock prices, incorporating the effects of inflation and the demographic structure. The results show that while the proportion of population in their prime earning age has a positive effect, both budget deficits and inflation have a negative impact on stock prices.

Keywords: Budget; deficit; Demographic; structure; Equity; price (search for similar items in EconPapers)
Date: 2010
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0165-1765(10)00012-1
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:107:y:2010:i:2:p:155-157

Access Statistics for this article

Economics Letters is currently edited by Economics Letters Editorial Office

More articles in Economics Letters from Elsevier
Bibliographic data for series maintained by Catherine Liu ().