Public capital and asset prices: Time-series evidence from Japan
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DOI: 10.1016/j.frl.2017.10.017
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- Kazuki Hiraga & Masafumi Kozuka & Tomomi Miyazaki, 2016. "Public Capital and Asset Prices: Time-series Evidence from Japan," Discussion Papers 1625, Graduate School of Economics, Kobe University.
References listed on IDEAS
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Cited by:
- Miyazaki, Tomomi & Hiraga, Kazuki & Kozuka, Masafumi, 2024.
"Stock market response to public investment under the zero lower bound: Cross-industry evidence from Japan,"
Journal of the Japanese and International Economies, Elsevier, vol. 71(C).
- Tomomi Miyazaki & Kazuki Hiraga & Masafumi Kozuka, 2018. "Stock Market Response to Public Investment under the Zero Lower Bound: Cross-industry Evidence from Japan," Working Papers 171806, University of California-Irvine, Department of Economics.
- Funashima, Yoshito & Iizuka, Nobuo & Ohtsuka, Yoshihiro, 2020. "GDP announcements and stock prices," Journal of Economics and Business, Elsevier, vol. 108(C).
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More about this item
Keywords
Public infrastructure capital in Japan; Stock price targeting; Lag-Augmented vector autoregressive model; Factor-Augmented vector autoregressive model;All these keywords.
JEL classification:
- E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
- G12 - Financial Economics - - General Financial Markets - - - Asset Pricing; Trading Volume; Bond Interest Rates
- H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures
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