What does theory tell us about how the value of stocks held by consumers should be related

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What does theory tell us about how the value of stocks held by consumers should be related to consumption behavior? Does the data support this?

Stocks
Stocks or shares are generally equity instruments that provide the largest source of raising funds in any public or private listed company's. The instruments are issued on a stock exchange from where a large number of general public who are willing...
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Macroeconomics

ISBN: 978-0134472119

6th Edition

Authors: Stephen D. Williamson

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