The casualty between stock market development and economic growth: evidence from the United States

Article Abstract:

The direction of causality between stock market development and economic growth in the case of the United States is investigated. The results indicated that there were stable long-run equilibrium relationships among the variables and that the stock market contains information about future changes in real income.

Author: Alam, M. Imam, Hasan, Tanweer
Publisher: Robert Gordon University
Publication Name: Studies in Economics and Finance
Subject: Economics
ISSN: 1086-7376
Year: 2003
Forecasts, trends, outlooks, Forecasts and trends, United States economic conditions, Market trend/market analysis, Stock markets, Stock market

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The evolution of human life expectancy and intelligence in Hunter-Gatherer economies

Article Abstract:

An analogy is drawn between the biological evolution of human characteristics from hunter-gatherer society to more sophisticated society and the evolution in an economy. Learning-by-doing is equated to indirect means of investment in the business.

Author: Robson, Arthur J., Kaplan, Hillard S.
Publisher: American Economic Association
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 2003
Canada, Financial management, Venture Analysis, Usage, Company investment, Investments, Business enterprises, Human evolution, Learning, Psychology of, Learning theory (Psychology)

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Subjects list: United States, Economic development, Comparative analysis
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