Series: IMF Working Papers
Author(s): Torsten Sloek , and Peter Christoffersen
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 June 2000
Keywords: Asset prices in transition countries, Leading indicator analysis, Tracking portfolio, transition countries, financial sector, stock market, financial sector development
There is ample empirical evidence for developed economies that asset prices contain information about future economic developments. But is this also the case in transition economies? Using a panel of monthly data f...