Does the Equity Market affect Economic Growth?

Authors

Kwame D. Fynn, Macalester CollegeFollow

Abstract

This paper examines the impact of the stock market primarily on economic growth using panel data from 1990-2010. I apply Generalized Least Squares techniques for fixed effects with the exclusion of the subgroup 2005-2010 which uses random effects. The effect of the stock market on growth is based on country-specific effects and varies in different time periods.

Recommended Citation

Fynn, Kwame D. (2012) "Does the Equity Market affect Economic Growth?," The Macalester Review: Vol. 2: Iss. 2, Article 1.
Available at: https://digitalcommons.macalester.edu/macreview/vol2/iss2/1