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’Flows of Funds’ versus ‘Real Factors’

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Money, Credit and Asset Prices
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Abstract

The initial aim of this first chapter is to put over the concept of ‘financial forces’ affecting financial markets. It contrasts these with the ‘real factors’ that affect markets. Attention is focused on the equity market.

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© 1994 Gordon Pepper

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Pepper, G. (1994). ’Flows of Funds’ versus ‘Real Factors’. In: Money, Credit and Asset Prices. Palgrave Macmillan, London. https://doi.org/10.1057/9780230375932_2

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