Stock Prices, Investment, and Causation. Figure 4 shows that from 1997 through 2003, that investment spending followed
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Stock Prices, Investment, and Causation. Figure 4 shows that from 1997 through 2003, that investment spending followed the same trends as stock prices.
Does this mean that movements in stock prices cause movements in investment spending?
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Related Book For 
Macroeconomics Principles Applications And Tools
ISBN: 9780132948876
8th Pearson New International Edition
Authors: Arthur O'Sullivan, Steven Sheffrin, Stephen Perez
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