SEOUL NATIONAL UNIVERSITY · CENTER FOR LAW & ECONOMICS
Center for Law & Economics, Seoul National UniversityCENTER FOR LAW & ECONOMICS
ECONOMICS · RESEARCH RECORD
GlobalMacroeconomics

When Wall Street drifts from Main Street: Consumption as an anchor for stock prices

AT A GLANCE

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This research highlight examines consumption as an anchor for stock prices amid debate over whether strong equity markets reflect lasting economic gains.

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