The stock market
Pratten, Cliff
The stock market - New Delhi: Foundation Books, 1994. - xiv, 212 p. - Occasional papers / University of Cambridge, Department of Applied Economics. .
Includes index
Introduction; Part 1. Theory: 1. Keynes's explanation for the instability of share prices and investment; 2. The Efficient Markets Hypothesis; 3. Other explanations for the volatility of share prices; Part II. Markets and Returns on Investment: 4. The volatility of share prices; 5. The slow growth of real dividends; 6. The underevaluation of equities; 7. The property market; Part III. The Survey: 8. The sample of institutions; 9. The allocation of investments; 10. Selection of shares; 11. Market makers and views of the market; 12. Competition between fund managers and investment strategies; Part IV. OTHER EVIDENCE: 13. Keynes as an investor; 14. The performance of fund managers; 15. The Press; Part V. Conclusions: 16. Keynes's propositions, the efficient Markets Hypothesis and bubbles; 17. Implications of the study; 18. Are equities undervalued.
The Stock Market explains the instability of stock market prices, relating the practices of fund managers to Keynesian theories.
818518402
332.6322 / PRA
The stock market - New Delhi: Foundation Books, 1994. - xiv, 212 p. - Occasional papers / University of Cambridge, Department of Applied Economics. .
Includes index
Introduction; Part 1. Theory: 1. Keynes's explanation for the instability of share prices and investment; 2. The Efficient Markets Hypothesis; 3. Other explanations for the volatility of share prices; Part II. Markets and Returns on Investment: 4. The volatility of share prices; 5. The slow growth of real dividends; 6. The underevaluation of equities; 7. The property market; Part III. The Survey: 8. The sample of institutions; 9. The allocation of investments; 10. Selection of shares; 11. Market makers and views of the market; 12. Competition between fund managers and investment strategies; Part IV. OTHER EVIDENCE: 13. Keynes as an investor; 14. The performance of fund managers; 15. The Press; Part V. Conclusions: 16. Keynes's propositions, the efficient Markets Hypothesis and bubbles; 17. Implications of the study; 18. Are equities undervalued.
The Stock Market explains the instability of stock market prices, relating the practices of fund managers to Keynesian theories.
818518402
332.6322 / PRA