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    US stock prices and macroeconomic fundamentals 

    Black, Angela; Fraser, Patricia; Groenewold, Nicolaas
    Using 54 years of US quarterly data and a VAR model underpinned by a theory of the relationship between stock prices and output, this paper considers the deviations of US stock prices from their fundamental value. To do ...
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    House Prices, fundamentals and Inflation 

    Black, Angela; Hoesli, Martin; Fraser, Patricia
    This paper studies actual house prices relative to fundamental house prices. Using UK data and a time-varying present value approach, we find that deviations of house prices from their fundamental value (as warranted by ...

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    Black, Angela (2)
    Fraser, Patricia (2)Groenewold, Nicolaas (1)Hoesli, Martin (1)Publication Date2005 (1)2001 (1)Research TypeConference or Workshop Item (Seminar, Speech or Other Presentation) (2)Access LevelOpen (2)

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