Economic Fluctuations Without Shocks to Fundamentals; or, Does the Stock Market Dance to its Own Music?

Working Paper 379 | Published March 1, 1988

Author

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S. Rao Aiyagari

Economic Fluctuations Without Shocks to Fundamentals; or, Does the Stock Market Dance to its Own Music?

DOI: https://doi.org/10.21034/wp.379

Published in _Quarterly Review_ (Vol. 12, No. 1, Winter 1988) https://doi.org/10.21034/qr.1212 Related paper: [Working Paper 452: Economic Fluctuations Without Shocks to Fundamentals; Or, Does the Stock Market Dance to its Own Music?](https://doi.org/10.21034/wp.452)