TY  - BOOK
AU  - Pratten, Cliff 
TI  - The stock market
T2  - 	Occasional papers / University of Cambridge, Department of Applied Economics
SN  - 818518402 
U1  - 332.6322 
PY  - 1994///
CY  - New Delhi
PB  - Foundation Books
N1  - 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
N2  - The Stock Market explains the instability of stock market prices, relating the practices of fund managers to Keynesian theories
ER  -