Real Sector Financial Sector Interdependence in Indian Context / Najlacnejšie knihy
Real Sector Financial Sector Interdependence in Indian Context

Kód: 06814751

Real Sector Financial Sector Interdependence in Indian Context

Autor Gagari Chakrabarti

The last few years of the twentieth century witnessedsignificant developments in information and communicationtechnology taking the form of an e-revolution that is transformingthe global economy from a low-productive, manufacture- ... celý popis

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Anotácia knihy

The last few years of the twentieth century witnessedsignificant developments in information and communicationtechnology taking the form of an e-revolution that is transformingthe global economy from a low-productive, manufacture-based old oneto a knowledge-based, highly-productive, new economy withsignificant growth potential coming from irreversible advancementin knowledge. With e-revolution, the new-economy sector is addingsignificant values to Indian stock market. This book inquireswhether the underlying economic fundamentals could justify thestock market valuations of the sector. Moreover, it exploreswhether new-economy stock price movements show similar patternsirrespective of the level of financial development and the factorsexplaining such movements. It finds new-economy stocks to havebubble-determined prices and to possess a special character holdingacross countries. With functional instability embedded in the stockmarket, this is perhaps the initiation of a new era of changedstock price behavior at least for the new-economy stocks that thestandard pricing models cannot explain. This analysis would be ofinterest to researchers and academicians.

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Zaradenie knihy Knihy po anglicky Economics, finance, business & management Economics

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